VA Circular 26-13-20: Impact on VA Loan Guaranty if Government is Shutdown
On September 30, the U.S. Department of Veterans Affairs (VA) released Circular 26-13-20, subtitled Lender/Servicer Impact on the Department of Veterans Affairs Home Loan Guaranty Program if the Government is Shutdown.
Lender/Servicer Impact on the Department of Veterans Affairs Home Loan Guaranty Program if the Government is Shutdown
1. Purpose: This Circular provides guidance to stakeholders regarding the impact on
the Department of Veterans Affairs (VA) Home Loan Guaranty program in the event of a
2. Impact: The VA Home Loan Guaranty Program will continue to operate as normal
in the event of a Government shutdown. Lenders and Servicers should continue normal
activities which include but are not limited to, the following: (1) Lenders should
continue to submit funding fees through the VA Funding Fee Payment System; (2)
Lenders can obtain their Loan Guaranty Certificates in the WebLGY system; (3) Lenders
can continue to order and receive appraisals and issue Notices of Value; (4) Lenders and
Veterans can continue to obtain a Certificate of Eligibility online through the appropriate
systems; (5) and Servicers can continue to perform loan modifications, submit claims and
receive claim payments, and convey properties to VA.
3. Summary: The VA Home Loan Guaranty Program will continue to function as
normal in the event of a Government shutdown.
4. Rescission: This Circular is automatically rescinded on January 1, 2014.
By Direction of the Under Secretary for Benefits
Michael J. Frueh
Please click here to view the online Circular in its entirety.
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