The Veterans Affairs Administration is going to buy Mr. Peter's loan, make you whole for the. The Delta between the interest rate agreed to and the interest rate it's going to be at now. And The VA doesn't know how to administer loans, so they hire somebody else out, probably the same people they were administering the loan to begin with. No. No. And. And look, I'm not made whole. I'm servicers. If I'm again the servicer here. I make money by servicing loans. No, you're not the servicer. It's your loan. (11:27–11:34)
CLAIM
Asserts that the VA lacks expertise in loan administration and outsources this task.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
