General World News

MBA throws support behind bill to give VA borrowers a partial mortgage claim option

Following moves to close the Veteran Affairs Servicing Purchase (VASP) program, a bill from a lawmaker who railed against it that seeks to reform the U.S. Department of Veterans Affairs (VA) home loan program with the addition of a partial claim option has picked up support from the Mortgage Bankers Association (MBA).

The MBA announced its support in a letter submitted to Rep. Derrick Van Orden (R-Wis.) — the chief sponsor of the bill and the chairman of the House Subcommittee on Economic Opportunity for details ⇒

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