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Veterans Administration Housing
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The Department of Veterans Affairs announced it has reached a major milestone: It guaranteed its 20 millionth home loan.
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Last week, the Department of Veterans Affairs celebrated their 20 millionth loan under the loan guaranty program.
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Mortgages guaranteed by the Department of Veterans Affairs rose 50 percent to almost 540,000 loans in fiscal year 2012.
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NAR took an opportunity to highlight the importance of the VA Home Loan Guaranty program and several enhancements that could make the program even more valuable to our American servicemen and women.
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Iowa Realty offers what's reported to be the first training program in the country to give veterans their real estate licenses.
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Last week the Senate Banking Committee convened a hearing on "Streamlining and Strengthening HUD’s Rental Housing Assistance Programs."
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President Obama is expected to soon sign a bill that will reinstate the higher VA loan limits, and will make the VA ARM programs permanent.
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On Thursday May 31, 2012, the Consumer Financial Protection Bureau (CFPB) announced that it would be seeking additional information on loan performance with regard to Debt to Income (DTI) ratios and a few other factors.
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In this issue of the Washington Report: NAR Shows Support for HOME Program; VA Funding Fee Update.