VA Extends Forbearance Of Loans Affected By Hurricanes Katrina And Rita
April 5, 2006
Purpose:
This circular requests extended forbearance for VA home loans borrowers
affected by the enormity of Hurricanes Katrina and Rita. This change clarifies that VA will allow additional time to document written commitments by borrowers to work with mortgagees to develop and implement plans to resolve mortgage delinquencies.
Contact ALTA at 202-296-3671 or communications@alta.org.