VA Circular 26-21-13 COVID-19 Home Retention Waterfall and COVID-19 Refund Modification

July 23, 2021

VA Circular 26-21-13 provides VA’s waterfall of home retention options for helping borrowers affected financially by the COVID-19 pandemic and announces the COVID-19 Refund Modification, a type of loan modification specific to those borrowers needing payment reductions when exiting COVID-19 forbearance effective July 27, 2021.

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