Author name: Ricky Vasquez

Mortgage bankers want VA’s partial claim aligned with market

The Mortgage Bankers Association has called for Department of Veterans Affairs policymakers to match the new partial claim more closely to borrower options offered in other parts of the market. Processing Content “As drafted, veterans will continue to have worse options than similarly situated non-veterans,” Pete Mills, MBA’s senior vice president of residential policy and […]

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Housing bill passes Senate, but window of opportunity narrows

Key insight: The Senate passed housing legislation by a wide bipartisan margin, but the House is less likely to do so.  What’s at stake: The Mortgage Bankers Association has complained that a “drafting error” in a section of the bill prohibiting investment companies from buying single-family homes would reduce the construction of multifamily housing.  Forward

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