Current through September 30, 2024
Section 36.4807 - Application for partial claim payment(a) The servicer must provide VA with the original note required by § 36.4805 . Not later than 180 days following the date the security instrument, required by § 36.4805 , is fully executed, the servicer must provide VA with the original security instrument and evidence that the servicer recorded such instrument. If the recording authority causes a delay, the servicer may request an extension of time, in writing, from VA.(b) Servicers must report a partial claim event to VA through VA's existing electronic loan servicing system within seven days of the date the veteran returns to the servicer the executed note required by § 36.4805 , but not later than 120 days after the date the veteran exits the COVID-19 forbearance.86 FR 28708, May 28, 2021, as amended at 86 FR 46984, Aug. 23, 2021 Authority: 38 U.S.C. 3703(c) , 3720 , 3732
86 FR 28708, 7/27/2021; as amended at 86 FR 46984, 8/23/2021 The Office of Management and Budget has approved the information collection requirements in this section under control numbers 2900-0021 and 2900-0889