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TrustScore 3 out of 5

3.2

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3.2

Average

TrustScore 3 out of 5

1 review

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Rated 1 out of 5 stars

Feds put 9 lenders on notice about…

Feds put 9 lenders on notice about 'aggressive, misleading' VA loan practices
The behaviors associated with "home loan churning" involve targeting VA loan users with an onslaught of mortgage-refinance solicitations, often shortly after they've closed on a home loan. Some borrowers have been convinced to refinance their loan multiple times in a year, without any financial benefit; fees attached to the deals can increase the overall loan amount.

December 13, 2019
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