The Servicing Guide contains the servicing, claims, and conveyance policies and procedures applicable to VA loans, as well as a copy of the part of the Code of Federal Regulations dealing with VA loans. (WORD FORMAT)
Direct link to SLMP Handbook. Designed to streamline the processing of compromise sales (short sales) and deeds-in-lieu of foreclosure by empowering loan servicers to approve these alternatives to foreclosure on VA's behalf. (WORD FORMAT)
If you sell your VA guaranteed home or have the loan assumed you may still have liability for any loss to VA, if you do not complete a Release of Liability.
