"Bell, a U.S. Navy veteran, joined LGY after 15 years with the Department of Veterans Affairs. Before that, he managed Bank of America's VA loan portfolio for seven years and worked at several lenders after starting his mortgage career in college in Tennessee, according to his bio. Bell leveraged his industry experience to reduce loan closing timeframes for VA-guaranteed loans and implement modernization of systems. Under Mr. Bell's tenure, the program excelled, increasing VA's market share from 1% to 12%, his bio reads."
"A formal obituary has not been released. The VA shared a statement from Principal Deputy Under Secretary for Benefits, Margarita Devlin: John Bell was a talented and trusted leader with nearly 15 years of service to the Department of Veterans Affairs. He will be deeply missed by his VA colleagues as well as countless Veterans he served and helped over the years. We grieve for his friends and loved ones during this difficult time."
John Bell assumed the role of deputy executive director after serving as executive director of the VA's Loan Guaranty Service since 2022. Bell, a U.S. Navy veteran, joined LGY after 15 years with the Department of Veterans Affairs and previously managed Bank of America's VA loan portfolio for seven years. Bell reduced loan closing timeframes and led system modernization for VA-guaranteed loans, helping increase VA market share from 1% to 12%. Bell guided the home loan program through major policy shifts, including a new foreclosure prevention bill, and helped develop the Veterans Affairs Servicing Purchase (VASP) program to prevent COVID-19–related foreclosures. A formal obituary has not been released.
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