House Approves Bill Eliminating VA Guaranty Cap in High-Cost Areas
February 26, 2016
The House of Representatives has passed legislation with provisions that would eliminate the cap on VA loan-guaranty limits and create a new office that would manage certain veteran benefits programs, including home-loan guarantees. The bill, H.R. 3016, The Veterans Employment, Education, and Health Care Improvement Act, passed by voice vote and was referred to the Senate for action. It contains...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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