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Home » Store » Government-Insured Lending » Lenders Brace Themselves as Probes Begin Over Accusations Related to VA Refinance Fees

Lenders Brace Themselves as Probes Begin Over Accusations Related to VA Refinance Fees

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U.S. Attorney General Eric Holder has been called upon to take the lead in investigating allegations that a number of the largest mortgage lenders in the country may have systematically charged illegal fees to military veterans who refinanced their homes. Sen. Jon Tester, D-MT, a member of the Senate Committee on Veterans’ Affairs, sent a letter to Holder recently requesting he get involved in a probe to determine the veracity of the accusations. Earlier this month, a complaint was unsealed in federal court in which two whistleblower types accused the lenders of charging refinance fees that are...
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