Veterans Affairs Ending Mortgage Rescue Program

On April 3, 2025, the U.S. Department of Veterans Affairs (VA) announced it will end the Veterans Affairs Servicing Purchase (VASP) program on May 1, 2025. This decision comes just shy of one year since the program’s inception. The VASP program was originally implemented as a rescue program to help veterans and their families after tens of thousands of veterans faced foreclosure due to the COVID-19 mortgage forbearance program ending....
By: Bradley Arant Boult Cummings LLP

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