VALERI Special Announcement
Investor Update
August 4, 2017
VA recently discovered that terminated loans where VA accepted custody and certified acquisition between June 19, 2017, and June 20, 2017, failed to transfer to our Property Management Contractor, Vendor Resource Management (VRM), through our nightly file processing. VA has provided VRM with a list of these properties and will expect to receive title submissions in a timely manner.
The fix will be completed on August 14, 2017, with the data transfer to VRM no later than Wednesday August 16, 2017.
Thank you for your cooperation and patience during this time.
Source: VA