VA Tweaks Loan Foreclosure Data System: Comments Welcome Until May
Published Date: 4/27/2026
Notice
Summary
The VA is updating how it collects info through the VALERI system when a VA-backed home loan goes into foreclosure and the property is handed over to the government. This affects lenders and others involved in these home loans, aiming to make the process smoother and clearer. Comments on these changes are open until May 27, 2026, with no new costs expected for those involved.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
More VALERI Data, Bigger Time Burden
VA will require additional data and documentation through the VALERI system to implement expanded Loss Mitigation and Partial Claim activities under Public Law 119-31 (July 30, 2025). The number of respondents rises from 16,509 to 39,744, average time per response increases from 11 minutes to 66 minutes (one-time), and total annual burden hours increase from 3,027 to 43,751 hours.
VASP and COVID Data Elements Removed
VA removed Veteran Assistance Servicing Purchase (VASP) and COVID-19 Veterans Assistance Partial Claim Program data elements from the VALERI Events Upload Template because the VASP program wound down and COVID-related authorities expired. This change partially offsets the overall increase in burden hours.
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