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VA, lenders and nonprofits mobilize to help veterans on the home front
VA, lenders and nonprofits mobilize to help veterans on the home front

There are fewer military boots on the ground overseas, but here at home there have been major campaigns in the housing market this year directed at veterans. Not only has the Department of Veterans Affairs' VA home-loan program gained significant market share compared with competing private and government mortgage options, but big banks and mortgage companies have stepped up efforts to help returning veterans obtain decent and affordable housing, including by giving them hundreds of homes free of charge. The VA's home-purchase financing program is now at record levels. New loans to buy houses have more than doubled since 2007. Since 2011, when VA-backed mortgages represented...

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