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

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The Department of veterans affairs charged nearly 73,000 veterans improper home loan funding fees. disability status changed. The VA refunded $97 million to 19,700 affected veterans from Jan. 1,

The Washington, D.C., headquarters of the Department of Veterans Affairs. WASHINGTON – More than 50,000 disabled veterans could be owed as much as $190 million in refunds from the Department of Veterans Affairs for home loan fees they were wrongly charged or no longer owe, an investigation has found.

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Thousands of veterans are owed refunds, the IG says.. problem that resulted in erroneous funding fee charges, the report found.. General Finds VA Overcharged Disabled Vets on Home Loans;

Top VA officials failed to alert disabled veterans nationwide about refunds due for improper fees on their VA home loans. As a result, the Department of veterans affairs owes approximately 53,200.

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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.

The VA’s Office of the Inspector General (OIG) released a report showing that $286.4 million in home loan fees were wrongly charged to about 72,900 disabled veterans who, because they are entitled to disability benefits, also are exempt from paying the fees.

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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 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.

VA owes disabled veterans refunds on home loan fees, report says. June 6, 2019 3:21 pm Federal VA, National, News; The federal government owes at least $189 million to 53,000 disabled veterans who overpaid on their home loans, the department’s inspector general found.. VA loans in Oregon.

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.

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The Washington Post: VA Owes Disabled Veterans Refunds On Home Loan Fees, Report Says The federal government owes at least $189 million to 53,000 disabled veterans who overpaid on their home loans,