The fees averaged $4,000 and some were considerably higher. One was for $19,470. More than half of the 72,900 veterans who are entitled to refunds have yet to be paid by the VA.
VA watchdog report finds veterans are owed refunds for incorrect fees Comments Off Share Article Kiyoshi Tanno/iStock (WASHINGTON) — For years, disabled veterans were mistakenly charged fees when taking out home loans and the federal government now owes at least $189 million in refunds, a watchdog report revealed this week.
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For years, disabled veterans were mistakenly charged fees when taking out home loans and the federal government now owes at least $189 million in refunds, a watchdog report revealed this week.
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VA watchdog report finds veterans are owed refunds for incorrect fees . Thousands of disabled veterans are owed millions in repayments after government overcharges for home loans.
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The Department of Veterans Affairs issued more than $280 million in excessive fess between 2012 and 2017, and took no action despite knowing that veterans were owed refunds, the VA Inspector.
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RELATED: Federal watchdog finds veterans owed millions on VA home loans What’s more, since officials didn’t act when they were alerted about the problem in 2014, the overcharges have continued.
More than half of the 72,900 veterans who are entitled to refunds have yet to be paid by the VA. When the issue was first identified in 2014, an analysis estimated that 48,000 veterans were owed as much as $151 million in overpaid fees.