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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CNN: 40-year mortgages offer a route to homeownership — at steep risk and cost
Appearing in CNN Underscored on April 8, 2024, Alaya Linton, Andrew Pentis, and Katie Lowery talk to Sarah Bolling Mancini about 40-year mortgages that make monthly payments smaller but increase the total cost of repayment. “In the first five or six years of a 30-year mortgage, almost all of the payment is going towards interest.…
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Advocates Urge Biden-Harris Administration to Complete Important Work Reforming the Home Valuation Process to End Appraisal Bias
Advocates commend the Administration for its leadership in organizing the first-ever interagency task force focused on addressing appraisal bias.
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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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Heirs Property Report: How to Prevent Home Loss, Close Racial Wealth Gap
A new report looks at reducing the racial wealth gap by slowing the rate of home loss in communities of color through heirs property.
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CFPB and DOJ Sue Predatory Mortgage Lender for Reverse Redlining, Exploiting Consumers With Limited English Proficiency
DOJ and CFPB jointly sue Colony Ridge for operating an illegal land sales scheme that targeted low-income Hispanic consumers.
