by Rikki Almanza | Apr 8, 2025
The VA will stop accepting new applications for the Veterans Affairs Servicing Purchase, VASP, program on May 1. Launched by the Biden administration in 2023, VASP was designed as a temporary solution to assist VA-backed mortgage holders at risk of foreclosure...
by Rikki Almanza | Mar 20, 2025
The House Committee on Veterans’ Affairs Subcommittee on Economic Opportunity recently reviewed legislative proposals to strengthen the VA Home Loan Program. A primary focus was the “Restoring the VA Home Loan Program in Perpetuity Act,” introduced by...
by Rikki Almanza | Jun 11, 2024
In response to a recent class-action lawsuit settlement involving the National Association of REALTORS®, NAR, the VA has made updates to the VA home loan benefits. This lawsuit settlement, reached in March, mandates changes to brokerage fee rules that could...
by Rikki Almanza | May 15, 2024
Officials from the VA announced that beginning May 31, thousands of Veterans who face foreclosure due to post-Pandemic mortgage issues will have access to a “last-resort” program.Under the new Veterans Affairs Servicing Purchase, VASP, program, the...
by Rikki Almanza | Apr 25, 2024
Federal prosecutors are accusing House of Prayer, a national church allegedly involved in defrauding Veterans of millions of dollars in benefits, of obstructing their investigation and are pushing for contempt of court charges and fines. According to court documents...
by Rikki Almanza | Nov 21, 2023
In response to a report by NPR that revealed thousands of Veterans were at risk of losing their homes due to the termination of a COVID forbearance program, The VA has taken action by suspending foreclosures for six months on VA-backed loans. The forbearance...
