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VA Loan Guaranty Circulars 1999


1999
6-99-21
12/8/1999
LENDER APPRAISAL PROCESSING PROGRAM UPDATE AND PROMOTION
PURPOSE: This circular provides information about the current status of the LAPP (Lender Appraisal Processing Program) and to encourage increased lender participation in LAPP.
26-99-20
11/29/1999
ELECTRONIC LOAN GUARANTY
PURPOSE: VA is please to announce the availability of Electronic Data Interchange (EDI) to enable participating lenders to electronically submit a VA loan for guaranty and receive an electronically generated Loan Guaranty Certificate (LGC).
26-99-16
10/18/1999
LENDER SUBMISSIONS FOR GUARANTY
PURPOSE: This circular announces that effective January 1, 2000, incomplete lender guaranty submissions will be returned to the lender.
26-99-12
5/21/1999
INTEREST RATE REDUCTION REFINANCING LOAN (IRRRL) POLICY CHANGES
PURPOSE: This circular restates and clarifies information contained in Circular 26-99-11 which is hereby rescinded. The effective date has been changed and clarification is provided on when a lender has to certify that the loan being refinanced is current.
26-99-11
5/21/1999
CHANGES TO INTEREST RATE REDUCTION REFINANCING LOAN POLICY
PURPOSE: This circular announces changes in procedures for processing Interest Rate Reduction Refinancing Loans (IRRRLs).
26-99-10
4/28/1999
PORTFOLIO LOAN TRAINING BROADCAST
PURPOSE: Training for VA employees
26-99-9
3/26/1999
VA ASSIGNMENT SYSTEM TRAINING BROADCASTS
PURPOSE: Training for VA employees
26-99-8
3/26/1999
REVISION OF VA FORM 26-1880
PURPOSE: This circular announces the revision of VA Form 26-1880, Request for a Certificate of Eligibility for VA Home Loan Benefits, (formerly entitled "Request for Determination of Eligibility and Available Loan Guaranty Entitlement"). See VBA Forms to download a copy of the form.
26-99-7
3/19/1999
TAX INFORMATION ON PROPERTIES CONVEYED TO VA
PURPOSE: This circular clarifies the requirements for information to be provided when conveying properties to VA.
26-99-6
3/19/1999
REVISED SUBTERRANEAN TERMITE TREATMENT BUILDER'S CERTIFICATION AND GUARANTEE
PURPOSE: This is to notify all VA Loan Guaranty program participants that VA requirements for the builder's warranty against termite infestation in new homes are the same as outlined in the Department of Housing and Urban Development (HUD) Mortgagee Letter 99-3. Builders now must warrant against termite infestation in new homes for 1 year, a period of time that is in line with the terms of the other warranties provided by builders.
26-99-5
3/17/1999
NEW VA ASSIGNMENT SYSTEM AND AN AUTOMATED CONDOMINIUM, PLANNED UNIT DEVELOPMENT AND BUILDER SYSTEM
PURPOSE: This is to notify all VA Loan Guaranty program participants that there will soon be a new, centralized VA Assignment System (VAAS) and an automated system listing Condominiums, Planned Unit Developments, and Builders (CPB).
26-99-4
3/4/1999
THE AMERICAN DREAM FOR AMERICA'S VETERANS
PURPOSE: To announce a new video on the VA Home Loan Program.
26-99-3
3/3/1999
RESPONSIBILITY FOR EXISTING PROPERTY CONDITION
PURPOSE: This is to remind all Loan Guaranty program participants of their specific responsibilities in helping to ensure that existing homes which become the security for VA-guaranteed loans are safe, structurally sound and sanitary. Current VA requirements should protect the interests of veterans, lenders and the Government, in this respect, when the following roles are responsibly fulfilled.
26-99-2
2/23/1999
1999 VA LENDER TRAINING BROADCASTS
PURPOSE: To announce the schedule for the 1999 Lender Training broadcasts. These broadcasts are intended to supplement, but not replace, the lender training provided on the local level by all stations.



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