Rep. Porter Report Info Exploitation inside Va Home loan Program
Rep. Porter Report Info Exploitation inside Va Home loan Program Congresswoman documents just how repeat culprits continue to mine insecure servicemembers, pros, and you will army family members with bad finance Congresswoman Katie Porter (CA-45) today released a report revealing how predatory mortgage lenders are still exploiting military borrowers, despite years of efforts to prevent such abuses. AWOL: Just how Watchdogs Try Failing woefully to Include Servicemembers regarding Monetary Cons analyzes new government data and shows that NewDay USA and The Federal Saving Bank, two lenders that have been punished in the past for misconduct, charge veterans tens of thousands of dollars more for the same loan than their competitors. Its despicable one business managers create prey on experts and you can armed forces family so you're able to line…