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Veterans Authority

VGLI how are the Proceeds Paid?

Beneficiaries will have proceeds paid to them in either a lump sum or in 36 equal monthly payments, according to how the insured specified that they were to be paid. If the method of payment has not been specified, the beneficiary may choose their preferred method of payment, either in …

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Surplus in short sales and deeds-in-lieu of foreclosure

In regards to the short sales and deeds-in-lieu of foreclosure, if verbal financials are reviewed with the mortgagor and a surplus is showing is the file then to be returned to retention for review since retaining the property is the first option? The file is not required to go back …

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