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claims to be submitted within one year of termination

Published 08/10/2012 02:18 PM   |    Updated 08/10/2012 02:18 PM
When did the regulation go into effect for requiring claims to be submitted within one year of termination?
The new regulation went into effect for all servicers on February 1, 2008. Any loan that terminated prior to February 1, 2008 would be eligible to file a claim for one year. Any loan that terminates in VALERI would be eligible to file a claim for one year past the termination date.