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» Industry Continues to Look for Ways to Fix the VA IRRRL ‘Orphan’ Loan Mess
Industry Continues to Look for Ways to Fix the VA IRRRL ‘Orphan’ Loan Mess
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Legislation
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The mortgage industry this week continued to look for a fix to the VA Interest Rate Reduction Refinance Loan mess, which has imperiled roughly $500 million worth of government product that is now ineligible for Ginnie Mae securitization.