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VA field group

Navigation:  Loans > Loan Screens > Bankruptcy and Foreclosure Screen Group > Foreclosure, Repossession and Judgment Information Screen > FHA and VA tab >

VA field group

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Use this tab to view and edit information for the customer loan account in regards to the U.S. Department of Veterans Affairs (VA), if applicable.

 

lbffrj_va

 

The fields to the right of most fields in this field group are mailing Method indicators. Possible selections in these indicator fields are "Registered" and "Certified." Method indicators are not required.

 

The fields in this field group are as follows:

 

Field

Description

Sent Notice of Default to VA

 

Mnemonic: FCVADS/FCVADD

Use this field to indicate the date the notice of default was sent to the VA.

Sent Notice of Intent to VA

 

Mnemonic: FCVAIS/FCVAID

Use this field to indicate the date the notice of intent was sent to the VA.

Sent Notice of Sale to VA

 

Mnemonic: FCVASS/FCVASD

Use this field to indicate the date a copy of the notice of sale was sent to the VA.

VA F/C Instructions Received

 

Mnemonic: N/A

Use this field to indicate the date the VA foreclosure instructions were received by your institution.

VA Upset

 

Mnemonic: N/A

Use this field to indicate the date your institution was informed that the VA failed to establish an upset price. This date is used in FHLMC delinquency reporting as default action code 62.

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