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Listen "Ep 18: John Bell, Veterans Affairs Home Loan Guaranty Program"
Episode Synopsis
In the latest episode of On the Hill, Tim Rood, SitusAMC’s Head of Government and Industry Relations, talks with John Bell, Executive Director of the Department of Veterans Affairs Home Loan Guaranty program. Bell started his current role in June 2022 after a dozen years with the VA, an extensive career in the mortgage industry and his service in the Navy.
Bell talks about how the VA program’s share of the total single-family market rose to about 12% today from 1% after the Great Financial Crisis, by increasing participation among top lenders and servicers, and making the mortgage a product of choice among veteran borrowers. Rood and Bell also discussed the VA’s two-year-old modernization initiative, designed to increase the exchange of data and improve transparency and efficiency.
Bell talks about how the VA program’s share of the total single-family market rose to about 12% today from 1% after the Great Financial Crisis, by increasing participation among top lenders and servicers, and making the mortgage a product of choice among veteran borrowers. Rood and Bell also discussed the VA’s two-year-old modernization initiative, designed to increase the exchange of data and improve transparency and efficiency.
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