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Does VALERI application track the initiation of a demand letter?

Published 08/08/2012 03:16 PM   |    Updated 08/09/2012 01:10 PM

Will the VALERI application track the initiation of a demand letter, or will that be something that is reviewed inside of the post audit?

VALERI does not track demand letters however you do need to report to VALERI when you have sent the VA loss mitigation letter. This new letter is required by VA regulations and failure to send it will be tracked by VA.