On November 28, 2008 President George W. Bush acknowledged for the first time that the US economy is in a recession. Expert economists define a recession as a period of two or more consecutive quarters with reduced gross domestic product.   By this definition, the recession has existed since December 2007.  How do VA loans [...]

Veterans’ Benefits Improvement Act of 2008 enhances VA loan guaranty program   Veterans like many Americans may be treading in rough economic waters.  And, many homeowners fear that if they don’t keep afloat, the foreclosure wave could ultimately wash them under.  For many VA-eligible borrowers who qualify, relief may be in sight now that new [...]