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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Can I Use My 401(k) to Buy a House? Yes, Here’s How

Redfin

Key takeaways You can use your 401(k) to buy a home with a 401(k) loan or withdrawal. A 401(k) loan allows you to borrow the money without penalty, but you need to repay it. There are two options to consider – 401(k) loans and 401(k) withdrawals. However, youll need to pay back the loan with interest.

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MBA urges congressional action on VA foreclosures

Housing Wire

On Wednesday, the House of Representatives Committee on Veterans Affairs Subcommittee on Economic Opportunity has scheduled a markup of several veteran-focused pieces of proposed legislation, which includes a bill called the VA Home Loan Program Reform Act. sponsored by subcommittee chairman Rep. Derrick Van Orden (R-Wis.).

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