VA Mortgages Hit $150 Billion

Department of Veterans Affairs mortgages hit $150 billion in 2015, up about 30 percent from the $115 billion of mortgages guaranteed in 2014. That’s right in line with the increase the nationwide mortgage market registered that year. Originations (excluding purchases)...

Upper/Lower Income Applicants Show Major Differences

A look at mortgage applicants with the highest and lowest incomes in 2015 reveals major differences between the two cohorts, as well as the occasional similarity. Both groups were similar, for instance, in loan purpose, with each cohort fairly split between home...
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