A partial claim does not alter the guaranty and is not claimed under it
What the document says“(3) An amount paid to the holder of a loan as a partial claim-- "(A) shall not alter the guaranty calculation specified by section 3703 of this title;”
The new paragraph (3) of section 3737(c) of title 38 also provides that the amount is included in a liquidation sale in the same manner as any other advance allowed by the Secretary, and that it may not be claimed under the guaranty or increase the Secretary's cost of acquiring the property.
What the document actually says“(3) An amount paid to the holder of a loan as a partial claim-- "(A) shall not alter the guaranty calculation specified by section 3703 of this title;”
Money paid as a partial claim does not change how the guaranty is worked out.
The government backs these home loans. A partial claim moves missed payments aside. This says that move does not change the backing.
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