MBA Sends Letter on VA Home Loan Program Reform Act

The Mortgage Bankers Association sent a letter to House Veterans Affairs Committee leadership May 6, expressing support for the VA Home Loan Program Reform Act, or H.R. 1815.

Quote of the Day

“We should not repeat the mistakes of the past when a viable VA loss mitigation option was terminated without a replacement, unfairly stranding veterans without the options available to all other government supported borrowers.”
–MBA Senior Vice President of Legislative and Political Affairs Bill Killmer

Industry Briefs, May 7, 2025

Industry news from Sagent, Maxwell, Union Home Mortgage, United Wholesale Mortgage, ICE Mortgage Technology, AmeriHome Correspondent, Snapdocs and Autoagent.

Quote of the Day

“Younger homebuyers are picking up market share with lenders this spring, with people age 35 and under accounting for more than half of financed home purchases by first-time buyers in Q1.”
-ICE’s Andy Walden