VA Proposes Rule to Prohibit Misleading Ads, Solicitations
January 1, 2001
Bogus Come-Ons The Department of Veterans Affairs has proposed a rule barring lenders from issuing false or misleading advertisements or solicitations for home loans that appear to be supported by the VA or part of any of its home loan programs. The proposed rule covers ads and solicitations for conventional and manufactured homes, and imposes new disclosure requirements.