The announcement came after a National Public Radio report called attention to the plight of 34,000 veterans having trouble making their mortgage payments.
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Developments in this update
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VA halts foreclosures for thousands of veterans about to needlessly lose their homes
Headline from Delaware Public Media ·
Newest
VA Pauses Foreclosures on Veterans Facing Difficulties Making Mortgage Payments
The Department of Veterans Affairs is halting foreclosures for 6 months for homeowners with VA Loans, after an NPR investigation that found thousands of them at risk of losing their homes.
The Department of Veterans Affairs is intervening on behalf of 6,000 homeowners with VA loans who are in the foreclosure process. Many more are delinquent. The move follows an investigation by NPR.
The announcement came after a National Public Radio report called attention to the plight of 34,000 veterans having trouble making their mortgage payments.