VA loan fee hike proposal advances in Congress, drawing industry pushback
Legislation moving through Congress would increase fees on U.S. Department of Veterans Affairs loans, creating a new flashpoint for the mortgage industry.
Veterans
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Smartfi offers 50-bps reverse mortgage discount for veterans
Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.
House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits
The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on VA refinance transactions.
Mortgage trade groups urge VA to revise elements of proposed partial claim rules
MBA and CHLA asked VA to revise its partial claim and loss-mitigation proposal, pushing for a simpler waterfall and a 180-day lead time.
House scales back proposed VA mortgage fee hike
House lawmakers amend a veterans-related bill to avoid higher VA purchase loan fees while targeting refinance and assumption charges instead.
CrossCountry Mortgage picks up top VA loan producer Patton Gade
CrossCountry Mortgage welcomes the Victor Alpha Group, enhancing support for veterans and military families.
Helping heroes home: how real estate pros can better serve veterans
Real estate pros can make a difference by guiding veterans through VA loans and community resources for homeownership.
Veterans are missing out on billions in VA loan benefits
A new Veterans United Home Loans analysis found that more than 58,000 VA loans went unused in 2024 — representing nearly $28 billion in potential mortgage volume.
VA’s John Bell III stepping into new role at Office of Mission Support
Patrick Zondervan, who has been at the VA for nearly 25 years, succeeds Bell as the executive director for the Loan Guaranty Service.
Trump signs VA foreclosure prevention bill into law
The VA Home Loan Program Reform Act establishes a permanent partial claims program designed to help veterans avoid foreclosure.