[inaudible conversations] welcome to todays subcommittee on Economic Opportunity and the oversight hearing entitled home loan churning practices and how veteran homebuyers are being affected and how taxpayers can be affected. This is the second hearing was held in Congress Related to the Loan Guarantee program and the benefits provided to the american servicemembers and veterans on account of the program. As with the department of Veterans Affairs discusses in the testimony from the guarantee was over 23 million loans in excess of 2 trillion since the 1940s that represents millions of veterans come servicemembers and their families who have may not have otherwise been able to achieve the American Dream and while this program is one of the more wellrun programs at the va and i have some thoughts about why it is. The lenders are involved and there are more people involved in administering it in the private sector. Potentially unscrupulous lenders that have potential for the veteran homeb
Subcommittee will come to order. Good morning everyone and well konl to the subcommittee on equal opportunity. And home loan churning practices and how veteran home buyers are affected and additionally how taxpayers can be affected. This is the second oversight hearing we held this Congress Related to v. A. Loan guarantee program and the benefits provided to our American Service members and veterans on account of this program. As mr. London with the department of federal affairs discussing in his testimony v. A. Guarantees over 23 million loans in excess to trillion dollars since the 1940s representing millions of veterans, Service Members and their families who may not or otherwise achieve the American Dream. This program is one of the more well run program at the v. A. And i have thoughts about why it is, mainly because they guarantee it but the lender are in involved and they under ride it and more people involved in administering it in the private sector. They recently had concerns
Hes going to stand on the podium at the olympics as we are down to the final skater and the only man who theoretically has a chance to beat yuzuru hanyu. The silver medalist, shoma uno. Heres the 20yearold who is third on the short program, a little less than eight points back. The stunning and emotional piece. So powerful. He will not want to give any technical points away. Down on the quad loop. Needed a full quad flip there to get it back. Hes got to be clean from here on out to stay on the podium. A gorgeous quad flip for a skater to ever land a quad flip was shoma. Expresses music with his entire body. Despite his small stature, he can emote the top rafters of any building by that full use of his body. Into the second half, picking up that 10 bonus. Stunning triple axel. Quad toe double toe. Hes fighting. Bravo, shoma. Another quad. Quad toe. Next one of the most impressive in skating. Triple axel. Triple flip. Yeah. This last minute of this program is what figure skating is all a
It is fascinating. Berkshire hathaway has 116 billion in cash. Hes not sure what to do with it. He wants to make deals but everything is too expensive. Buffet also made 29 billion well, the company did with the tax cuts. Whats he going to do with that . Give it to shareholders . Dont know. Warren is not a big fan of tax cuts. And we expect to hear a little bit later. The Florida Shooting will be discussed arming trained teachers, limiting gun purchases to people 21 or older, and the apparent break down of Law Enforcement during the shooting rampage itself. All to be discussed. This is Varney Company monday, february the 26th, and we are about to begin. Stuart its wonderful to be back, you know . Liz welcome back. We missed you. Stuart i look well . Ashley rested. Liz yeah, you look good. Stuart what do you want . Ten bucks or 20 . Liz and charles, if youre watching, thank you very much indeed for picking up. Liz sure. Stuart during my week of absence. It will not be repeated. This is m
Subcommittee will come to order. Good mompg and welcorning and w todays subcommittee. Our oversight entitled home loan turning practices and how taxpayers could be affected. This is the second hearing. As many london with the department of Veterans Affairs discusses in his testimony, the v. A. Is guaranteed over 2 million loans in excess of 2 trillion since the 1940s. That represents millions of veterans, Service Members and their families who may not have otherwise been able to achieve the American Dream. While this program is one of the more well run programs at the v. A. And i have some thoughts about why it is, mainly because they guarantee it but the lenders are involved and they underwrite it and more people involved in administering it in the private sector. They had concerns about certain activities being conducted by some lenders. Potentially unscrupulous lenders which have the potential for harmful outcomes for veteran home buyers. We have seen reports of what may be deceptiv