Department of Veterans Affairs Regulation Enforcement
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The Department of Veterans Affairs has a program called LAPP. Most VA home loans are processed by lenders under the LAPP program. All lenders under the program are required to follow VA regulations, to insure that veterans aren't over paying in interest and settlement Charges. And to insure the property being purchased is structurally sound, safe and sanitary. When a lender violates VA regulations the VA has the authority to sanction the lender. The problem is that the VA has no system set in place wherein a veteran can file a complaint against the lender, so that the VA may sanction them. My petition will create a program to allow veterans to file a complaint and recoup any losses they may have suffered. It will aslo save millions in tax dollars. Everytime a veteran goes into default the lender is required to contact the VA, so that the VA can offer the veteran options to cure the default. They can loan the veteran money, allow for extra time for a veteran who has suffered a hardship to get on there feet, and many more options. Lenders aren't notifying the VA, thus thousands of foreclosures happen every year. The tax payers get stuck paying the bill, when the VA has to pay the lender the loan guaranty. With this petition there would be less foreclosures saving veterans their homes and tax payers millions. For more info contact me at [email protected]
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Goal
400 signatures
Goal: 100
Latest Signatures
30 December 2015
29 December 2015
399.
Bruce Mm
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I had written representatives in regard to VA problems in the past...just to receive a "Sorry..." letter. Could "WE" as a group actually make a difference? Frankly, I doubt it! The Government will ALWAYS come up with some sort of BOGUS excuse!
14 December 2015
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18 August 2015
391.
Cwojoseph M
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RE-NIGG ON A LOAN LIKE THIS HOPE I DIDNT FIGHT FOR A LENDER THAT PULLS THIS COMMY CRAP!
9 August 2015
28 July 2015
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