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Veterans Pay Debts While Reality TV Elites Get Pardons

  • The Veterans Administration abruptly ended the VA Servicing Purchase program last month, a safety net designed to help veterans retain their homes.
  • The program was created under the Trump administration as a last-resort option for eligible veterans to prevent foreclosure by offering low-interest loans.
  • VA Secretary Doug Collins defended the cancellation at a recent house hearing, saying the program was costly and unnecessary, while Congress questions the move amid growing concerns.
  • The VA helped over 33,000 veterans last year with new loans at about 2.5% interest, while current mortgage rates stand near 7%, but roughly 80,000 vets remain at risk of foreclosure.
  • Without VASP, many veterans face selling their homes or foreclosure as Congress works on replacements, though timing and impact on vets remain uncertain.
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npr broke the news in Washington, United States on Thursday, June 19, 2025.
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