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VA owes disabled veterans refunds on home loan fees, report says

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The Department of Veterans Affairs owes about $189 million to 53,000 disabled veterans who were charged home loan fees they were exempt. not take adequate actions to ensure refunds were issued,”.

As a result, the Department of Veterans Affairs owes approximately 53,200 veterans an estimated $189 million in home loan. a refund of the funding fees. The VA failed to issue the refund when.

For years, disabled. knowing that veterans were owed refunds, the VA Inspector General report found. In many cases, third-party lenders rely on the VA to certify that a veteran is exempt from.

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For years, disabled veterans were mistakenly charged fees when taking out home loans and the federal government now owes millions of dollars in refunds, a watchdog report revealed this week. The.

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Disabled veterans across the county who were owed home loan refunds weren’t always getting them, according to an analysis of funding fees done back in 2014 by employees at the VA’s St. Paul.

The Department of Veterans Affairs owes $189 million in refunds to 53000 veterans – because. These are disabled veterans who should have been exempt from some of the fees associated with VA home loans.. The IG report concluded that VA does not have appropriate systems in place to ensure that.

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Millions of dollars in refunds on VA backed home loans are owed to veterans, says a ‘Funding Fee Payment Analysis’ report.

United States that disability severance pay for personal injury from active service was excludable from taxable income if the separating member was later awarded VA compensation for the same.

Disabled vets who mistakenly paid a VA loan funding fee for their VA-backed home loans will soon receive letters notifying them of the refunds. Refunds For Disabled Vets Are Coming, But Check Your Records To Be Sure. According to the Inspector General report, 53,200 veterans may be owed a total of $189 million.

The Department of Veterans Affairs owes about $189 million to 53,000 disabled veterans who were charged home loan fees they were exempt from having to pay, an investigation has found. These veterans were charged the fees under the VA’s Home Loan Guaranty Program and now may be entitled to refunds ranging from $5,000 to $20,000, a VA Inspector General audit released Thursday found.

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