The Department of Veterans Affairs owes about $189 million to 53,000 disabled veterans who were charged home loan fees they were exempt from having to pay, an investigation has found.
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Disabled veterans across the county who were owed home loan refunds weren’t always getting them, according to an analysis of funding fees done back in 2014 by employees at the VA’s St. Paul.
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VA owes disabled veterans refunds on home loan fees, report says When veterans take out a mortgage, they pay a funding fee to the lender that usually costs several thousand dollars. The fee is waived for veterans who receive disability compensation.
According to a recent study by the National Association of REALTORS® (NAR), seven-in-10 active duty service persons and five-in-ten veterans use a VA loan to finance their home purchase. The.
Millions of dollars in refunds on VA backed home loans are owed to veterans, says a ‘Funding Fee Payment Analysis’ report.
The partial authorities shutdown has triggered uncertainly for some employees who have been able to retire. The retirement plans for
More than 53,000 disabled veterans may be owed refunds totaling about $189 million in home loan fees they were incorrectly charged by the Department of Veterans Affairs, according to estimates.
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VA Owes Disabled Veterans Refunds on Home Loan Fees, Report Says. agreed to identify the exempt veterans who paid the fee and issue them refunds. The VBA noted that the financial impact to the veterans was minimal over the life of the loan, the inspector general report says.
The Department of Veteran Affairs owes ad much as $190 million to disabled veterans, according to a new investigation by the VA Inspector General. The probe found more than 50,000 vets were wrongly.
Among today’s older debtors are veterans who didn’t repay home loans or didn’t make required medical co-pays and individuals who didn’t repay Medicare overpayments. The average veteran owes $1,000, a.