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Department of Veterans Affairs

Latest Posts

VA loan churning is driving up mortgage costs for all government borrowers 

Jul 09, 2019By

The churning of loans backed by the Department of Veterans Affairs has long been a thorn in Ginnie Mae’s side, as the agency has worked for three years to curb abuses by VA lenders. Now, the Urban Institute has tacked a number to the problem, and the facts aren’t pretty.

3d rendering of a row of luxury townhouses along a street

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