VA owes disabled veterans refunds on home loan fees, report says

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ST PAUL, Minn – Thousands of disabled veterans nationwide are due millions of dollars in refunds on VA backed home loans. received the funding fee refund. The report estimated that compensating the.

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WASHINGTON – Whistleblowers who exposed how disabled veterans. owed home loan refunds weren’t always getting them. Between 2006 and 2014 “VA inappropriately collected approximately $150,901,534 on.

Recent reports spurred by the U.S. Department of Veterans Affairs’ inspector general pointed to a home. the VA’s plan to refund about $100 million in fees, of an estimated $189 million still owed.

Top VA officials failed to alert disabled veterans nationwide about refunds due for improper fees on their VA home loans. As a result, the Department of Veterans affairs owes approximately 53,200.

VA Owes Disabled Veterans Refunds on Home Loan Fees, Report Says. agreed to identify the exempt veterans who paid the fee and issue them refunds. The VBA noted that the financial impact to the veterans was minimal over the life of the loan, the inspector general report says.

Thousands of veterans are owed refunds, the IG says.. General Finds VA Overcharged Disabled Vets on Home Loans.. problem that resulted in erroneous funding fee charges, the report found..

The Department of Veterans Affairs owes about $189 million to 53,000 disabled veterans who were charged home loan fees they were exempt from having to pay, an investigation has found.

The VA’s Office of the Inspector General (OIG) released a report showing that $286.4 million in home loan fees were wrongly charged to about 72,900 disabled veterans who, because they are entitled to disability benefits, also are exempt from paying the fees.