NEW YORK–The U.S. Department of Veterans Affairs will issue a circular by June 12 that “bridges the gap” on the buyer commission prohibition–a move for which MBA has advocated for months and welcomes.
Tag: Department of Veterans Affairs
MBA, HPC Send Letter to VA on VASP Implementation
The Mortgage Bankers Association and Housing Policy Council recently sent a letter to the Department of Veterans Affairs (VA) regarding more information and guidance about implementation of the Veterans Affairs Servicing Purchase (VASP) program.
MBA Statement on the Veterans Affairs Servicing Purchase Program
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Department of Veterans Affairs (VA) release of its Veterans Affairs Servicing Purchase (VASP) program.
MBA Chairman Mark Jones Testifies on VA Home Lending Before Committee on Veterans’ Affairs Subcommittee
Mark Jones, MBA’s 2024 Chairman and President of Union Home Mortgage, testified at a hearing titled, “Sink or Swim? A Deep Dive into the Current State of VA’s Home Loan Program in a Competitive Market,” before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
Servicing22: How the Pandemic Made Government Loan Programs More Nimble
ORLANDO—Perhaps the most innovative adaption in the real estate finance industry during the coronavirus pandemic came not from the mortgage industry itself, but from the historically least agile sector—government loan programs.
MBA, Realtors Voice Opposition to Potential VA Fee Increase
The Mortgage Bankers Association and the National Association of Realtors yesterday sent a letter to House and Senate leaders in opposition to possible legislation that could increase funding fees to veterans’ homeownership benefits.