The VA

In a report to Congress, the agency recommended sharing information with the Consumer Financial Protection Bureau, which also is looking more closely at servicemember mortgages.

In a new report, the Government Accountability Office issued a list of recommendations for the department’s Native American Direct Loan program, which has benefited less than a tenth of one percent of eligible U.S. borrowers in 10 years.

Younger home buyers accounted for more than half of Veterans Affairs purchase mortgages, with Virginia Beach and Washington seeing the greatest number of applications.

There’s now a unique, additional source of demand that’s opening up in an already fiercely-competitive housing market that VA lenders have to solve for.

The number of product offerings stayed at a level last seen in 2014 as slight gains in government and jumbo loans were offset by fewer conventional mortgages coming on the market.

The Johnny Isakson and David P. Roe Veterans Health Case and Benefits Improvement Act includes a provision that extends eligibility for VA loans to certain full-time National Guard and Reserve members.

There are people creating a lot of unrealistic scenarios about market risk.

Troubled Veteran’s Administration “no-bid” loans could bankrupt servicers in the near future, says Morgan Snyder of CAllc Research Publications.

Mortgage applications decreased 0.5% from one week earlier as inadequate housing supply is putting upward pressure on home prices and affecting purchase activity, according to the Mortgage Bankers Association.

Under 2.9 million borrowers sit in coronavirus-related forbearance as GSE-backed mortgages drove the latest decrease, according to Black Knight.