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Department of Veterans Affairs Lender/Service Administration User Instructions March 2015 Version 2.5 Revision History Date Version Description Author 2/27/2013 1.0 Initial Version S. Bard 5/15/2013
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Lenderservicer administration user instructions are guidelines and procedures provided to lenders and servicers for managing and administering loans.
Lenders and servicers are required to file lenderservicer administration user instructions.
Lenders and servicers must complete the required forms and provide detailed information on how they will manage and administer loans.
The purpose of lenderservicer administration user instructions is to ensure that loans are managed and administered in compliance with regulations and industry best practices.
Lenders and servicers must report information on loan servicing procedures, customer communication channels, and compliance measures.
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