MBA Letter to VA Subcommittee on H.R. 8647, the VA Home Loan Reform Act
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Mortgage Bankers Association writes to express the real estate finance industry’s views on the Amendment in the Nature of a Substitute (ANS) to H.R. 8647, the VA Home Loan Reform Act scheduled for markup in the Committee on Veterans’ Affairs’ Economic Opportunity Subcommittee on Thursday, June 27. The bill, as amended, takes an important first step towards providing the Department of Veterans Affairs (VA) and affected homeowners with a solution to resolve delinquencies that other borrowers with government-backed loans already possess. Veterans rightly deserve the same protection and assistance as other homeowners.
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