DISTRESSED ASSETS FORUM:
Next-Gen Loss Mitigation: Navigating FHA & VA Program Overhauls 
As loss mitigation evolves post-pandemic, major changes to FHA and VA programs are set to reshape servicing. This panel breaks down key updates, including the end of COVID-era FHA programs and the launch of its new permanent toolkit on October 1, 2025 with streamlined rules and revised face-to-face requirements. We’ll also examine the VA’s wind-down of VASP and efforts to create a permanent partial claim option. Learn how these shifts will impact borrowers, investors, and the servicing industry.