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VA field group
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.
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 |
Mnemonic: FCVADS/FCVADD |
Use this field to indicate the date the notice of default was sent to the VA. |
Mnemonic: FCVAIS/FCVAID |
Use this field to indicate the date the notice of intent was sent to the VA. |
Mnemonic: FCVASS/FCVASD |
Use this field to indicate the date a copy of the notice of sale was sent to the VA. |
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. |