Thursday, April 02, 2026

A killed a home loan program. Vets now losing their homes

More than 10,000 veterans lost their homes to foreclosure since May of last year, when the Trump administration shut down a key safety net in the VA home loan program, according to the latest industry data. That is the highest pace of foreclosures for VA loans in a decade. Another 90,000 vets are heading toward foreclosure. This comes after a years-long debacle inside the Department of Veterans Affairs has whiplashed thousands of vets between various enacted and canceled programs and left many of them on the brink of losing their homes " often through no fault of their own. A loan backed by the VA is considered one of the most valuable benefits for military service members and has helped millions achieve homeownership. But for nearly a year now, vets have had worse protections and options than most other homeowners if they fall behind.

Comments

There is a case to be made that Donald Trump considers our veteran servicemen as being dogs,

#1 | Posted by Zed at 2026-04-02 09:55 AM

Veterans. What have they done for us lately?
--Republicans

#2 | Posted by snoofy at 2026-04-02 11:39 AM

I guess I'm not shocked but I didn't even know a VA loan gave more protections to a borrower in the event they fall behind on payments than a traditional mortgage.

#3 | Posted by eberly at 2026-04-02 11:43 AM

"Vets now losing their homes."

This is what I voted for.
--Boaz

#4 | Posted by snoofy at 2026-04-02 12:31 PM

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