Department of Veterans Affairs : Improved Measures Needed to Assess Supplemental Loan Servicing Program

Every year, thousands of vets default on mortgage loans guaranteed by the VA. When vets default on these loans, lenders may foreclose on the loans & file claims against the VA loan guaranty program. To help veterans retain their homes & minimize their financial losses, VA provides additional assist. through its supplemental loan servicing program (SLSP). This report reviews VA's SLSP. It describes VA's policies & procedures (P&P) for servicing troubled loans; assesses VA's implement. of its P&P for servicing troubled loans; & analyzes VA's measures for assessing the effectiveness of its SLSP & ability to generate meaningful data for improving loan servicing.D'Agostino, Davi M. is the author of 'Department of Veterans Affairs : Improved Measures Needed to Assess Supplemental Loan Servicing Program', published 2001 under ISBN 9780756717568 and ISBN 0756717566.