Items Tagged with 'Veteran Affairs'

ARTICLES

  • Veteran homelessness drops nearly 50% since 2010

    But decrease slows under Trump administration
    Veteran homelessness decreased in 2018 and has plummeted since 2010; in some states, veteran homelessness has even been completely eradicated. However, despite these successes, critics worry that the decrease in veterans has slowed under the Trump administration, and even increased slightly in 2017.
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  • MBA: Weekly mortgage applications remain steady

    15-year fixed-rate mortgages increase to highest level since April 2010
    Mortgage applications didn’t budge for the week ending on September 28, 2018, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Notably, the average contract interest rate for 5/1 ARMs reached another record high this week, increasing to its highest level in survey history.
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  • Mortgage applications return to decreasing trend

    Refinance index fall 3%
    After a week of positive numbers, mortgage applications returned to their decreasing trend, falling 1.7% from the previous week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 24, 2018.
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  • Mortgage applications see 4.2% boost

    Refinance index sees slight increase
    Mortgage applications took a turn for the better this week, reversing course and increasing 4.2% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 17, 2018.
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  • MBA: Mortgage applications decrease 2.5%

    Refinance volume stays afloat
    Mortgage applications decreased 2.5% from last week, however, the refinance index increased 2% from the previous week, according to the latest data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
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  • MBA: Mortgage apps continue slide

    But VA loan apps increase
    Mortgage applications continue to slide downward, falling 0.4%. However, VA loan apps continue to increase, according to data from the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey.
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  • Bipartisan group of senators seek more “predatory” lending protections for veterans

    Lenders would be required to show “material benefit” for VA refinances
    Over the last few months, Ginnie Mae and the Department of Veterans Affairs began looking into a segment of mortgage lenders that were aggressively targeting servicemembers and military veterans for quick and potentially risky refinances of their mortgages. But a bipartisan group of senators think both the VA and Ginnie Mae need more legal authority to stamp out the problem entirely.
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  • Ginnie Mae, VA launch task force to look into lenders targeting veterans for quick refinances

    Comes on the heels of Ginnie Mae opening investigation
    Roughly one month ago, Ginnie Mae announced that it was launching an investigation into mortgage lenders that were aggressively targeting servicemembers and military veterans for quick and potentially risky refinances of their mortgages. Now, Ginnie Mae and the Department of Veterans Affairs are launching a task force to “address mortgage refinancing issues” surrounding VA loans.
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