{"abstract":"The Department of Veterans Affairs (VA) proposes to amend its rules on VA-backed interest rate reduction refinancing loans (IRRRLs). The Economic Growth, Regulatory Relief, and Consumer Protection Act and the Protecting Affordable Mortgages for Veterans Act of 2019 outlined the circumstances in which VA may guarantee or insure refinance loans, by setting forth net tangible benefit, recoupment, and seasoning standards. The proposed rule would update VA's existing IRRRL regulation to current statutory requirements.","action":"Proposed rule.","agencies":[{"raw_name":"DEPARTMENT OF VETERANS AFFAIRS","name":"Veterans Affairs Department","id":520,"url":"https://www.federalregister.gov/agencies/veterans-affairs-department","json_url":"https://www.federalregister.gov/api/v1/agencies/520","parent_id":null,"slug":"veterans-affairs-department"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2022/11/01/2022-23387.html","cfr_references":[{"chapter":null,"citation_url":null,"part":36,"title":38}],"citation":"87 FR 65700","comment_url":null,"comments_close_on":"2023-01-03","correction_of":null,"corrections":[],"dates":"Comments must be received on or before January 3, 2023.","disposition_notes":null,"docket_ids":["2900-AR58"],"dockets":[{"supporting_documents":[{"title":"AR58(SNPRM) RIA to publish (3.7.24)Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans","document_id":"VA-2022-VBA-0026-0010"},{"title":"AR58(P) RIA to publish (11.1.22)- LGY IRRRL","document_id":"VA-2022-VBA-0026-0002"}],"agency_name":"VA","documents":[{"comment_count":7,"comment_start_date":"2022-11-01","updated_at":"2023-02-27T21:04:50.064-05:00","comment_url":"https://www.regulations.gov/commenton/VA-2022-VBA-0026-0001","allow_late_comments":null,"id":"VA-2022-VBA-0026-0001","comment_end_date":"2023-01-04","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":2,"id":"VA-2022-VBA-0026","title":"AR58-Proposed Rule-Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans"}],"document_number":"2022-23387","effective_on":null,"end_page":65714,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2022/11/01/2022-23387.xml","html_url":"https://www.federalregister.gov/documents/2022/11/01/2022-23387/loan-guaranty-revisions-to-va-guaranteed-or-insured-interest-rate-reduction-refinancing-loans","images":{"EP01NO22.050":{"large":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_large.png","medium":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_medium.png","original_size":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_original_size.png"}},"images_metadata":{"EP01NO22.050":{"large":{"identifier":"EP01NO22.050","content_type":"image/png","size":7450,"width":823,"sha":"2dec72398c18dfdc8b1060c010891460","url":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_large.png","height":105},"medium":{"identifier":"EP01NO22.050","content_type":"image/png","size":3389,"width":454,"sha":"e0d6281cabf0ec16c2c4c8e30794f339","url":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_medium.png","height":58},"original_size":{"identifier":"EP01NO22.050","content_type":"image/png","size":4549,"width":1713,"sha":"991bacbafe0bf3a5cdbd1ff6f191dbdd","url":"https://img.federalregister.gov/EP01NO22.050/EP01NO22.050_original_size.png","height":219}}},"json_url":"https://www.federalregister.gov/api/v1/documents/2022-23387?publication_date=2022-11-01","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2022-11-01/2022-23387/mods.xml","not_received_for_publication":null,"page_length":15,"page_views":{"count":1929,"last_updated":"2026-04-04 14:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2022-11-01/pdf/2022-23387.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2022-23387.pdf?1667220317","publication_date":"2022-11-01","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2022/11/01/2022-23387.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"supporting_documents":[{"title":"AR58(SNPRM) RIA to publish (3.7.24)Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans","document_id":"VA-2022-VBA-0026-0010"},{"title":"AR58(P) RIA to publish (11.1.22)- LGY IRRRL","document_id":"VA-2022-VBA-0026-0002"}],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/2900-AR58/loan-guaranty-revisions-to-va-guaranteed-or-insured-interest-rate-reduction-refinancing-loans","title":"Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans"},"comments_count":7,"agency_id":"VA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=VA-2022-VBA-0026","supporting_documents_count":2,"docket_id":"VA-2022-VBA-0026","document_id":"VA-2022-VBA-0026-0001","regulation_id_number":"2900-AR58","title":"AR58-Proposed Rule-Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans","checked_regulationsdotgov_at":"2023-02-28T02:04:49Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":65700,"subtype":null,"title":"Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans","toc_doc":"Guaranteed or Insured Interest Rate Reduction Refinancing Loans","toc_subject":"Loan Guaranty:\n","topics":["Condominiums","Housing","Individuals with disabilities","Loan programs-housing and community development","Loan programs-veterans","Manufactured homes","Mortgage insurance","Reporting and recordkeeping requirements","Veterans"],"type":"Proposed Rule","volume":87}