Items Tagged with 'Veteran Affairs'

ARTICLES

Here’s why appraisers are reluctant to work with the VA

Regulatory burdens getting in the way
Appraisal shortages already plague the market and slow down the closing process, a problem which grows only more complicated when it comes to VA mortgages. One expert explained that while good appraisals are key to maintaining a strong VA Home Loan Guarantee Program, regulatory burdens are getting in the way.
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Mortgage Bankers helping veterans achieve homeownership

Built to Honor program awards mortgage-free houses to injured vets
"A homecoming for these heroes is something to be celebrated. Sadly, as we continue to recover from the largest economic downturn in generations, many of our veterans face homelessness, health care complications and high unemployment rates," Mortgage Bankers Association President and CEO David Stevens said.
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Mortgage Investors Corp. lays off 500 workers

VA refi specialist stops making new home loans, blames Dodd-Frank
Mortgage Investors Corp. laid off 500 workers, which leaves fewer than 40 employees to help wind down operations. The company is closing its doors on the heels of new federal regulations and the partial government shutdown.
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