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VA halts foreclosures for veterans about to needlessly lose their homes

By Tony
November 21 in Military Veteran & Retirees Forum

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Tony

Posted November 21

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Posted November 21

The Department of Veterans Affairs is halting foreclosures for six months for veterans and servicemembers who have VA Loans.

The move follows an investigation by NPR that found thousands of veterans who took what's called a COVID forbearance are now at risk of losing their homes through no fault of their own.

"Helping Veterans and their families stay in their homes is a top priority at VA," said VA Press Secretary Terrence Hayes in a statement. "We are calling on mortgage servicers to pause foreclosures of VA-guaranteed loans through May 31, 2024."

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