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Thousands of veterans face foreclosure after Trump's VA ends key mortgage program (www.npr.org)

submitted 2 days ago by pete_link@lemmy.ml to c/usa@lemmy.ml

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May 1, 2025 5:00 AM ET By Chris Arnold and Quil Lawrence

"The U.S. #DepartmentOfVeteransAffairs, as of Thursday, has ended a new #mortgage-rescue program that so far has helped about 20,000 veterans avoid #foreclosure and keep their homes.

The move leaves millions of military #veterans with far worse options than most other American homeowners if they run into trouble paying their home loans. And it comes at a time when nearly 90,000 #VA loans are seriously past due, with 33,000 of those already in the foreclosure process, according to the data and analytics firm ICE."

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[–] The_Caretaker@lemm.ee 3 points 2 days ago

Even a dog is smart enough to know if the hand is beating it or feeding it.