Proponents urge Congress to act to prevent veterans from being foreclosed on
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Proponents urge Congress to act to prevent veterans from being foreclosed on
(The Center Square) – A little-known mortgage relief program for U.S. veterans is being phased out, and advocates warn it may trigger a foreclosure crisis impacting thousands of veteran families.
·United States
Read Full ArticleProponents urge Congress to act to prevent veterans from being foreclosed on - Regional Media News
(The Center Square) – A little-known mortgage relief program for U.S. veterans is being phased out, and advocates warn it may trigger a foreclosure crisis impacting thousands of veteran families. The Veterans Affairs Servicing Purchase (VASP) program launched last year and bought defaulted VA loans from outside mortgage servicers. VASP was meant to help veterans and surviving spouses stay in their homes with a fixed 2.5% interest rate. However, …
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