See every side of every news story
Published loading...Updated

Trump signs new law helping veterans avoid foreclosure with partial claims payment program

UNITED STATES, JUL 30 – The new law replaces the Biden-era program and aims to help up to 70,000 veterans avoid foreclosure by allowing deferred mortgage payments added to loan ends, lawmakers said.

  • On July 30, 2025, President Donald Trump enacted legislation at the White House designed to help veterans avoid foreclosure by providing mortgage assistance through a newly established VA program.
  • The legislation was passed following the discontinuation of the VA's VASP initiative on May 1, 2025, which the new law replaces by establishing a permanent partial claims program.
  • The legislation allows veterans who are behind on mortgage payments to defer those payments to the end of their loan terms, helping up to 70,000 homeowners avoid foreclosure and stay in their homes.
  • Senator Jon Ossoff, a co-sponsor, and Rep. Mike Bost highlighted that the bill modernizes VA home loans by offering tools to reduce veteran homelessness and equates VA assistance with FHA loans, while Trump called it "desperately needed relief" for veteran families behind on mortgages.
  • The act suggests strengthened federal support for veterans’ financial security and homeownership, reinforced by unanimous congressional approval and backing from veterans organizations and the banking industry.
Insights by Ground AI
Does this summary seem wrong?

22 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources are Center
53% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Daily Wire broke the news in Nashville, United States on Wednesday, July 30, 2025.
Sources are mostly out of (0)