Published 08/10/2012 09:24 AM |
Updated 08/10/2012 09:24 AM
Does the new 4800 series of regulations apply to all loans effective 2/1/08 (the regulation publish date) or my VALERI implementation date?
The series 38 CFR 36.4800 and all regulations are effective on your go-live date with 3 exceptions. These three items are effective for all servicers as of the regulation publication date of 2/1/2008: The provision allowing one year for filing claims, the new maximum allowable attorney fees, and the SAPP program.