VA halts foreclosures for thousands of veterans about to needlessly lose their homes.
The Department of Veterans Affairs is halting foreclosures for 6 months for veterans and servicemembers who have VA Loans.
The move follows an investigation by NPR that found thousands of veterans who took what's called a COVID forbearance are now at risk of losing their homes through no fault of their own.
"Helping Veterans and their families stay in their homes is a top priority at VA," said VA Press Secretary Terrence Hayes in a statement.
"Without this pause, thousands of veterans and servicemembers could needlessly lose their homes," Sens.
The VA said in its statement that by pausing foreclosures "we can continue assisting Veterans with their loans while we launch our newest home retention option."
"We at VA will do everything in our power to help Veterans stay in their homes" Jacobs said. »