Items Tagged with 'VA LOAN CHURNING'

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  • VA lenders subpoenaed as investigators explore whether veterans are being overcharged for their mortgages

    Authorities look into allegations that military veterans are being aggressively pursued for refis
    At least eight lenders that issue VA loans have been hit with federal subpoenas, Politico reported Tuesday. The move commences an investigation by the Department of Veterans Affairs Office of Inspector General and the U.S. attorney in the Eastern District of New York into whether lenders are overcharging military veterans for mortgage loans – a charge that’s been hovering over the industry for nearly two years.
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