Trade Groups Express Concerns on VA Timeline for Defaulted Loan Purchase Program

HousingWire, May 6, 2024-Chris Clow
Representatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay a mandatory compliance date with the agency’s Veteran Affairs Servicing Purchase (VASP) program, which aims to prevent foreclosures against military personnel who experienced financial hardship due to the ongoing economic consequences of the COVID-19 pandemic.
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