Without VASP, veterans don't have a foreclosure safety net
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Without VASP, veterans don't have a foreclosure safety net
There are about 80,000 veterans in the U.S. who are behind on their mortgages and heading toward foreclosure, according to data from ICE Mortgage Technology, a number that could have been alleviated with help from the Veteran Affairs Servicing Purchase (VASP) program. But just last month, the program was abruptly discontinued by the U.S. Department of Veterans Affairs (VA) when it stopped accepting new applicants on May 1. VASP was started in 20…
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