Subcommittee Holds Hearing to Evaluate VA Loan Guarantee Program

The Subcommittee on Economic Opportunity held a hearing Thursday in order to review the current status of the U.S. Department of Veterans Affairs (VA) Home Loan Guarantee Program. According to Stephanie Herseth Sandlin, chairwoman of the subcommittee, VA’s loan guarantee program has been an important benefit for more than 65 years that has allowed thousands of veterans the opportunity to own a home. And although this program has proven to be successful, she said there are still “several issues of concern” that need to be addressed.

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