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The Department of Veterans Affairs says it will end a mortgage rescue plan that has saved many veterans from needlessly ...
Mortgage industry ... echoed those concerns. "The VA must elaborate in writing what the VASP deadline actually means," group ...
A mortgage industry group representing small and mid-sized lenders urged Department of Veterans Affairs Secretary Doug ...
The Veterans Affairs Servicing Purchase (VASP) program was launched in late May 2024 to purchase defaulted VA loans from outside mortgage servicers. Officials would then modify the terms of the ...
"This change is necessary because VA is not set up or intended to be a mortgage loan restructuring ... "The VASP program provided relief to veterans in every state who were on the brink of ...
After the VA abruptly ended its key pandemic-era mortgage relief program, which allowed veterans who were experiencing financial hardship to defer payments, around 40,000 veterans were left facing ...
Tens of thousands of veterans were left facing foreclosure after the VA abruptly cancelled a key part of a pandemic-era mortgage relief program that allowed vets to skip mortgage payments if they ...
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