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4 kwi 2024 · There are a few red flags that can reveal a scammy or misleading VA refinance offer. If you’ve been contacted by a mortgage company about refinancing, the Consumer Financial Protection Bureau...
23 sie 2023 · Given the considerable increase in the use of IRRRLs and the large number of borrowers at risk for overcharges, the VA Office of Inspector General (OIG) conducted this audit to determine whether oversight of IRRRLs by the Veterans Benefits Administration’s (VBA) Loan Guaranty Service (LGY) ensures veterans are protected from unfavorable ...
14 lip 2021 · Many servicemembers, veterans, and military spouses have been receiving fraudulent calls and mailers from companies who claim to be affiliated with the government, the Department of Veterans Affairs (VA), or their home loan servicer.
8 sie 2019 · VA has identified certain IRRRLs that did not meet the statutory standards and will be contacting the relevant lenders to inquire about their efforts to cure the noncompliance. VA is also considering whether other actions are appropriate, e.g. withdrawal of authority to close loans on the automatic basis.
The Consumer Financial Protection Bureau and VA issued their first, ‘Warning Order’, to service members and Veterans with VA home loans. If you have a VA home loan, then there is a good chance that you have already come into contact with unsolicited offers to refinance your mortgage that appear official and may sound too good to be true.
These tips for spotting and avoiding VA home loan scams come from the Consumer Financial Protection Bureau. Many service members, Veterans and military spouses have been receiving fraudulent calls and mailers from companies who claim to be affiliated with the government, VA, or their home loan servicer. These calls or mailers often try to sway ...
4 wrz 2024 · The VA IRRRL or "VA Streamline Refinance" is an easy way to lower the rate and payment on your VA loan. See today's VA IRRRL rates and rules.