Veteran Against Veteran: A New Battle on Capitol Hill Pits Agent Orange Funding Against Low-Cost Mortgages
MarketWatch, Aug. 2, 2018–Andrea Riquier
The Mortgage Bankers Association put it this way in their own letter: “we firmly believe that mortgage borrowing costs should not be increased to pay for non-housing-related expenditures. The loan fees charged to veterans should reflect the credit risk associated with the VA guaranty, and any fee increases that are unrelated to this risk unnecessarily raise the cost of mortgage credit for veterans.”
