A beta version of the Pre-Close API has been released to VA’s testing environment, known as Partner Integration (PINT) environment. This version covers pre-close feedback on single and two borrower purchase loans. Updated versions are expected to cover multiple borrower purchase loans, Interest Rate Reduction Refinancing Loans (IRRRLs), and Cash-out Refinance loans. Loan Origination System (LOS) providers and lenders can test this new capability, which will subsequently enable Lenders to originate and guaranty VA loans without leaving their LOS. To learn more, visit the Pre-Close page!
The Loan Review API has been released to VA’s testing environment, known as Partner Integration (PINT) environment. Loan Origination System (LOS) providers and Lenders can now begin testing this new capability, which will subsequently enable Lenders to originate and guaranty VA loans without leaving their LOS. Visit the Loan Review page to learn more!
The Loan Guaranty Service (LGY) has enhanced the LGY Virtual Agent to now provide keyword search. Utilizing this feature will direct you to relevant articles on the topic you search for. The Virtual Agent chatbot is accessible within the VA Customer Service Portal.
LGY 23.4.0 Release Notes posted on February 13, 2023
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This informational webinar provides technology providers with information about new technology, capabilities and resources to leverage open APIs within the VA Home Loan Guaranty Program ecosystem.
The areas of focus for the LGY 24.4 Release includes enhancements to WebLGY and the VA Funding Fee Payment System (FFPS) that will enable the visibility of loan modification information within WebLGY and improve the security of financial information within FFPS.
The areas of focus for the LGY 24.2.2 Release includes an update to clarify the error message users receive when the VA LIN contained in the ULAD or UCD XML file being uploaded does not match the LIN in WebLGY to provide lenders with more efficient self-service guidance.
The areas of focus for the LGY 24.2 Release includes an update to Construction and Valuation appraisal correspondence to safeguard our Veteran's personal identifiable information.
The VALERI 21.6 release includes an enhancement to display the ‘Baseline First Payment Date’ on the ‘Baseline Loan Data’ tab. The release also includes an update to VALERI reactivation process that enables the successful reactivation of loan servicers without manual intervention. The enhancement and update of this release will improve the user experience of VALERI system.
The areas of focus for the LGY 24.1.0 release include enhancements and updates throughout LGY systems and Frequently Asked Questions (FAQs) that provide consistent LGY contact information and improve the experience of participants of the VA home loan guaranty program. The hyperlinks will provide easy access to LGY circular and announcement information to the Veteran. The updates will ensure consistency of contact information and minimize loan processing and servicing delays. All updates will safeguard our Veteran’s personal identifying information. This will be valuable to the Veterans by processing their home loans in a timely manner and reducing delays.
Updates will include enhancements and system fixes to include, 1) updates to the Assigned Agent ID letter and 2) updates to the accuracy of the Certificate of Eligibility (COE).
Updates will include system enhancements that will allow appraisers, and WebLGY end users to view the builder’s contact information on Form 26-1805 when the builder’s ID number is entered and permit the issuance of Notice of Values (NOV) when the mobile or manufactured home liquidation indicators is NULL.
Updates will include the ability for end users to see uploaded documents immediately without the need to refresh the screen, permit lenders the ability to include surviving spouse information for appraisal requests and eliminate run-on pages within the Request for Determination of Reasonable Value form in WebLGY.
Updates will improve the Full File Loan Review (FFLR) letters, data field formatting issues, and will ensure duplicate deficiencies are no longer displayed while issuing a Notice of Value (NOV).
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