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VA Home Loan Program given some muscle

NAR First Vice President Moe Veissi testifed before Congress in regards to the VA Home loan program. There is support for Congress to make permanent the current loan limits that provide loans up to 125 percent of local area median price, set to expire in 2011. Congress is also toying with the idea of the VA adjustable-rate mortgage or hybrid ARM's. They should of been doing this already for years!!


Posted 30 May 2010 10:59 AM by Jim Anderson

Comments

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