Veterans seeking homeownership need protection

Published January 17, 2018 5:01am ET



As CEO of NewDay, I’m seeing a disturbing trend within our mortgage industry that hurts veterans through their Department of Veterans Affairs home loans — the very loans intended to reward these patriotic citizens for their service to our nation.

Veterans with VA loans are being hurt by a few lenders offering to save them money on their monthly mortgage payments. On the surface, these offers sound appealing. In reality, veterans and active military will lose money. Here is how this predatory lending practice works.

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