Quote: Dec. 1, 2023

“MBA and its members share the VA’s commitment to helping distressed Veteran borrowers stay in their homes through a more affordable and sustainable mortgage payment. We also believe that restoring the VA’s standalone partial claim program–which worked successfully for Veterans and servicers until it was sunset in October 2022–needs to be part of the VA’s long-term plans to assist borrowers facing hardships.”
–MBA President and CEO Bob Broeksmit, CMB, discussing the VA’s voluntary foreclosure moratorium