LoanCare Prepares for VA Partial Claim Program Implementation
LoanCare has completed preparations to implement the Department of Veterans Affairs' (VA) new Partial Claim Program, set to launch on November 28, 2026. This program aims to help veterans in financial hardship avoid foreclosure by offering a three-month trial payment plan and subsequent loan currentment funded by VA reimbursements. As one of the first subservicers ready for implementation, LoanCare is enabling its clients to offer this home retention solution immediately upon launch. The initiative supports reduced default servicing costs, faster delinquency resolution, and improved portfolio performance while meeting evolving regulatory requirements. Dave Worrall, president of LoanCare, emphasized their commitment to supporting veterans through timely adoption. LoanCare operates as a subsidiary of Fidelity National Financial (NYSE: FNF) and provides mortgage subservicing solutions for banks, credit unions, and investors.
Tickers: $FNF
Topics: Loss Mitigation Programs Mortgage Servicing Veterans Affairs (VA)