VA issued Circular 26-17-10 (Circular), introducing the VA Affordable Modification option. The Circular provides guidance and instructions for modifying VA guaranteed loans using the VA Affordable Modification option, which replaces previous guidance regarding the VA Home Affordable Modification Program. The VA Affordable Modification option must be implemented on or before October 1, 2017.
VA
VA Offers 40-Year Loan Modification Option
VA issued Circular 26-24-08 to offer a 40-Year Loan Modification option to assist borrowers in reaching an affordable payment in the current environment of rising