The VA said in a statement that the pause means “we can continue assisting Veterans with their loans while we launch our newest home retention option."
About 6,000 people with VA loans who took COVID forbearance are now in the foreclosure process.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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VA Pauses Foreclosures for 6 Months
The Department of Veterans Affairs has called a moratorium on foreclosures for veterans and servicemembers with VA-guaranteed loans until May 31, 2024. So reports NPR.
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