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VA to roll out temporary fix to buyer agent commission problem

Housing Wire

Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association ‘s Secondary & Capital Markets Conference in New York that the circular would be issued between now and June 12. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA. “As

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How real estate professionals can help first responders buy a home

Housing Wire

Stop relying so heavily just on your MLS! This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement. These features make VA loans one of the most attractive loan programs available in the industry.

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NAR, MBA ask for clarification on underwriting rules

Housing Wire

They asked the federal officials to “provide guidance to market participants that will ensure these new arrangements will continue to be supported by” FHA and GSE underwriting standards. Department of Veteran Affairs (VA) on Wednesday, urging it to revise policies that prohibit veterans from paying buyer broker commissions.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Even under “normal” market conditions, VA buyers struggle to successfully purchase a home using their benefit.

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How real estate professionals can help first responders buy a home

Real Trends

Stop relying so heavily just on your MLS! This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement. These features make VA loans one of the most attractive loan programs available in the industry.

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Opinion: The pros and cons of VA modernization bill

Housing Wire

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. While I’m a fan of improving antiquated systems, I first wonder if the VA, the MBA, or Congress were open enough about the problems with the current system.

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Opinion: Realtors, it’s time to raise your voice for consumers

Real Trends

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. Advocate for local broker marketplaces Local MLS broker marketplaces create accessibility and ensure equity. It goes to the old saying: A rising tide lifts all boats.

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