• Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » S. 2155 Provides Protections to VA Borrowers; VA Issues Guidance
Looking to read the full article? Subscribe today!

S. 2155 Provides Protections to VA Borrowers; VA Issues Guidance

June 1, 2018
Provisions to protect VA borrowers from abusive lending are now in effect after President Trump signed into law a broad regulatory relief package last week. The VA measures are part of S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, which the U.S. Senate passed on March 14 and the House approved on May 22. The bipartisan measures became effective for VA loan applications taken on or after May 25, 2018. They were part of the bipartisan Protecting Veterans from Predatory Lending Act, which Sens. Thom Tillis, R-NC, and Elizabeth Warren, D-MA, introduced in January and later incorporated in S. 2155. The bill was designed to protect VA borrowers from loan churning or serial refinancing and specifically targeted the VA’s Interest Rate Reduction Refinance Loan program, where the churned VA loans ended up. According to the agency, such practices not ...
News Inside Mortgage Finance Inside MBS & ABS Inside Mortgage Trends Inside The GSEs Inside FHA/VA Lending Inside the CFPB Government-Insured Lending Legislation Originations Servicing Agency MBS Profitability Ginnie Mae Issuance Government-Insured Originations Programs & Policies Ginnie Mae Complaints Enforcement Legislation Supervision & Examination
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • FHFA Allows for ‘Immediate’ Use of VantageScore 4.0 by GSEs

  • Supreme Court Paves Way for Mass Layoffs at Federal Agencies

  • Maryland Bank to Acquire Mortgage Broker Shop

  • Shift by FHFA Opens GSE Securitization Platform to Others

More Imf News

Featured Data

  • Retail Share of Originations Slips Across Loan Types

  • Bank Retail Originations and Loan Sales Decline in 1Q25

  • Repurchases By Banks Decline in First Quarter

  • GSE Seller Buybacks Ease in 1Q, Unresolved Claims Up

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 1Q25 (PDF)

  • Lender Profiles 1Q25: Top 25 (PDF)

  • GSE Repurchase Activity: Cumulative to Fourth Quarter 2024 (PDF Format)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2025 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing