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House Passes Bill to Streamline VA Appraisals

Saturday, Sep 17 2022
Lending
Written by  The Mortgage Leader

The U.S. House of Representatives has passed a bill that would prompt the U.S. Department of Veterans Affairs to revamp its regulations on when appraisals are necessary. So reports MReport.

soldier 708711 640small 600x383The Improving Access to the VA Home Loan Benefit Act of 2022, introduced by Rep. Mike Bost (R-Ill.), aims to smooth out the homebuying process for veterans and their families.

A companion bill in the Senate, introduced by Sen. Dan Sullivan (R-Ak.), is still pending.

Read the full article from MReport. 

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