Veteran
homebuyers
are
accusing


Veterans
United
Home
Loans,
owned
by

Mortgage
Research
Center,
of
falsely
presenting
itself
as
part
of
the
federal
government
and
steering
borrowers
toward
more
costly
loans,
according
to
a
class-action
lawsuit
filed
this
week
in
Michigan.

The
complaint
alleges
that
the
private,
for-profit
corporation
that’s
unaffiliated
with
the
military
designed
its
website
to
mislead

homebuyers
into
believing
it
is
connected
to
the

U.S.
Department
of
Veterans
Affairs
(VA). It
cites
“multiple
real
estate
and
loan
officers”
who
say
they
routinely
lose
business
because
borrowers
believe
they
must
use
Veterans
United
“since
it’s
part
of
the
VA.”
The
company
was
founded
and
is
run
by
three
individuals
with
no
military
service
records,
the
complaint
states. 

Chad
Moller,
corporate
communications
manager
for
Veterans
United,
sent
a
statement
to

HousingWire
that
disputes
the
allegations.

“For
24
years
we
have
been
committed
to
serving
Veterans
and
military
families
with
love,
care
and
respect,”
the
statement
read.
“We’re
aware
of
the
lawsuit
that
was
filed.
We
deny
the
accusations
and
look
forward
to
disputing
this
through
the
legal
process.
Because
this
is
pending
litigation,
we
can’t
comment
further.”

The
lawsuit
was
filed
Wednesday
in
the

U.S.
District
Court
for
the
Western
District
of
Missouri
against
Veterans
United
and

Veterans
Realty,
owned
by

Realty
Search
Solutions
LLC.
Attorneys
representing
the
plaintiffs
said
they
have
spoken
with
roughly
half
a
dozen
real
estate
agents
and
loan
officers
across
the
country
with
firsthand
experience
involving

VA
home
loans.