Industry trade groups are urging Congress to broaden borrower access to the Department of Veterans Affairs and Department of Agriculture housing programs, but advocates for a smaller government presence in the mortgage market are warning this is bad policy. In joint letters to the Senate banking and veterans affairs committees, the Mortgage Bankers Association, National Association of Home Builders and the National Association of Realtors sought support for legislation making adjustable-rate mortgages a permanent fixture in the VA Loan Guaranty Program. The three industry groups are also seeking legislation...