And that's the problem when we hand this power over to these unelected bureaucrats because they just wind up pointing fingers at each other, and then the American taxpayers are on the line. So if The United States government, through the Veterans Affairs Administration, purchases loans that veterans are delinquent in. they knock off about 5 percentage points. First of all, the lending institution has to be made whole, right? So where does that money come from? I don't know. (02:02–02:09)
CLAIM
Asserts that the VA purchases delinquent loans from veterans.
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