Items Tagged with 'Veteran Affairs'

ARTICLES

  • 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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  • Ginnie Mae investigating aggressive lenders targeting veterans for quick refinances

    Review comes on heels of CFPB report, inquiry from Sen. Elizabeth Warren
    Ginnie Mae is looking into a number of mortgage lenders that are aggressively targeting servicemembers and military veterans for quick and potentially risky refinances of their mortgages. Ginnie Mae’s investigation comes at the urging of Sen. Elizabeth Warren, D-Massachusetts, who raised concerns about lenders that may be “aggressively and misleadingly marketing the refinancing of mortgages backed by the Department of Veterans Affairs.”
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