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[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...

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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 rep...

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 tho...

Anchor you are welcome to the pulse. I am manus cranny. Also ahead of this hour, we will speak to the former italian Prime Minister mario monti and get his reaction. That is at 9 45 a. M. Stay tuned for that. He and for foxs, Yanis Varoufakis, has announced his stepping down. The news at degrees voted overwhelmingly to retract further astray ready in a referendum. Prime minister Alexis Tsipras held at the result is a great victory. That would allow him to return to the negotiating table with a strengthened hand. With all of the angles covered. Erik schatzker on the ground and paul gordon in fr...