New VA Program to Provide Home Loan Assistance to Active-Duty Servicemembers and Veterans
The U.S. Department of Veterans Affairs' VA Servicing Purchase (VASP) program will help VA borrowers facing financial hardships avoid unnecessary foreclosures.
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Letter to House Committee on Veterans' Affairs
This letter outlines VA's authority to create its VA Servicing Purchase program.
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Veteran Borrowers Need More Options to Retain their Homes and Avoid Foreclosure
NCLC Housing Expert Testifies before House Committee on Veterans’ Affairs, Highlights Need for Additional Mortgage Relief Options for Military Veterans
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Testimony of Steve Sharpe Before U.S. House Committee on Veterans’ Affairs Regarding the State of the U.S. Department of Veterans Affairs (VA) Home Loan Guaranty Program
Steven R. Sharpe, Senior Attorney, National Consumer Law Center, testified on behalf of its low-income clients during “Sink or Swim? A Deep Dive into the Current State of VA’s Home Loan Program in a Competitive Market” before the United States House Committee on Veterans’ Affairs, Subcommittee on Economic Opportunity. We applaud VA for recognizing the…
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Coalition Comments to the VA Regarding Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans
Advocates commend the VA for seeking input on this important topic and we hope that our comments will help inform the VA’s views.
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Joint Industry Advocacy Letter on the Veterans Assistance Servicing Purchase Program
This is a joint letter between consumer groups and mortgage industry trade associations urging VA to adopt a system of targeting payment relief for its upcoming VA Servicing Purchase (VASP) program.
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