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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NPR: Will the VA stop thousands of veterans from losing their homes?
Originally appearing in NPR on Nov. 16, 2023, Chris Arnold and Robert Benincasa talk to NCLC Senior Attorney Steve Sharpe about the many Veteran homeowners at risk and growing pressure on the U.S. Department of Veterans Affairs to stop foreclosing on Veterans. “There should be a pause on foreclosures. Veterans should really be able to…
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VA Foreclosure Pause Will Prevent Thousands of Veteran Foreclosures
The U.S. Department of Veterans Affairs called on mortgage servicers to pause foreclosures until May 31, 2024.
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FTC and CFPB Take Action Against Faulty Tenant Screening Reports
Joint enforcement action launched against TransUnion for failing to ensure that tenant screening reports were accurate.
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Joint Industry and Advocacy Letter to VA on Refund Program
NCLC joined with mortgage industry trade associations to urge VA to create a public process for commenting on their program to provide assistance to VA borrowers.
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Group Letter to the VA Regarding Incorporating Civil Rights and Consumer Perspectives in Appraisal Policies
The National Fair Housing Alliance (“NFHA”) and the undersigned civil rights and consumer advocacy organizations urge the Department of Veterans Affairs (“VA”) to: Incorporate civil rights and consumer perspectives in the upcoming revisions to appraisal regulations and policies; and Provide transparency regarding the VA’s standards for fair housing oversight and accountability mechanisms.
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Coalition Letter Urging Expansion of Loss Mitigation Options Under VA Home Loan Guaranty Program
On behalf of the clients, communities, companies, and veterans we represent, we urge the VAto prioritize allocating and seeking the budgetary resources necessary to expand the lossmitigation options available under the VA Home Loan Guaranty Program to help veteranborrowers avoid foreclosure. We believe your agency’s current loss mitigation tools andresources are insufficient to meet the…
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NCLC & CRL Letter to the VA Regarding Loss-Mitigation Options for Guaranteed Loans
In response to the questions posed in the VA’s October 17, 2022 Advance Notice of ProposedRulemaking, the National Consumer Law Center (on behalf of its low-income clients) and theCenter for Responsible Lending urge VA to expand the opportunities available to help veteranborrowers avoid foreclosure. The mortgage relief options available for veteran borrowers shouldnot be less…
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Letter to the VA Advocating for the Expansion of a Foreclosure Alternative Program
Letter to the VA re: Veterans Affairs Loan Refund Program.
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