Regulatory Compliance, Financial Impact
10 Jan 2025
regulatory compliance, veterans affairs, inflation adjustment, civil penalties, lenders
💼2025 Civil Penalties Inflation Adjustment for VA Loan Regulations
The Department of Veterans Affairs (VA) is amending its regulations to adjust for inflation the amount of civil monetary penalties that are within VA's jurisdiction. These adjustments comply with the requirement in the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, to make annual adjustments to the penalties.
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