CFA - Consumer Federation of America

05/10/2024 | Press release | Distributed by Public on 05/10/2024 09:13

Advocates Urge Dept. of Veterans Affairs to Extend Foreclosure Pause

CFA joined a letter to the VA highlighting the need to extend a pause on foreclosure activity for veterans who have VA-backed mortgages. A newly released program called VASP is designed to keep veterans who are experiencing financial distress from losing their homes, but while implementation of the program is in the early stages, advocates urge the VA to pause foreclosures through the end of the year as veterans attempt to access the VASP program.