The new Partial Claim Program will allow some Veterans struggling to pay their mortgages to defer past-due payments to the end of their loans.
Read More about VA Must Pause Foreclosures Until New Mortgage Assistance Program Is Accessible
Alys Cohen, Director of Federal Housing Advocacy at the National Consumer Law Center (NCLC) testified on behalf of the low-income clients of NCLC regarding the VA Home Loan Guaranty Program. NCLC supports the goal of promoting affordability for Veteran homeowners, and recognizes the key role the VA Home Loan Program plays in providing housing stability…
NCLC’s Alys Cohen Urges VA To Take Steps to Keep Veterans in Their Homes
More action is needed to give Veteran borrowers and their families the assistance they deserve.
Read More about New Mortgage Relief Law Will Help Thousands of Veterans Avoid Foreclosure
Abrupt End of Program to Help Veterans Avoid Foreclosure Leaves Them at Risk of Home Loss
Veterans Affairs Servicing Purchase Program Provided ‘Last Resort’ for Veterans, Congress Must Act Quickly to Fill the Gap
Read More about Abrupt End of VASP Program Leaves Veterans, Families at Risk of Home Loss
The document is the NCLC/CRL Statement for the Record for the March 11, 2025 Subcommittee on Economic Opportunity Legislative Hearing.
This joint industry and advocacy letter was sent to House and Senate Veterans’ Affairs committees urging Congress to maintain the Veterans Affairs Servicing Purchase (VASP) until other foreclosure options are in place for VA borrowers.
Read More about Joint Letter Regarding Veterans Affairs Servicing Purchase
NCLC and CRL submitted a Statement for the Record in response to the House Veterans Affairs Committee hearing on pending legislation.
A new NCLC Digital Library article summarizes three important U.S. Department of Veterans Affairs and U.S. Department of Housing and Urban Development policy updates helping homeowners avoid foreclosure. • The VA’s implementation of the VA Servicing Purchase (VASP) program; • FHA’s announcement of the Payment Supplement option; and • HUD’s promulgation of a final rule…
Read More about Digital Library: Three Important New Protections Preventing Home Foreclosures
NCLC submitted this letter to the VA on behalf of thirty-one non-profit organizations urging VA to extend its foreclosure pause to December 31, 2024.
Read More about Joint Letter Urging Extension of VA Foreclosure Pause
NCLC and CRL support VA’s proposal to change the starting period of the mandatory closing-cost recoupment period from the note date to the date of the first payment.
