Beginning Thursday, the VA will no longer accept enrollees to the Veterans Affairs Servicing Purchase Program, or VASP, a ...

A little-known mortgage relief program for U.S. veterans is being phased out, and advocates warn it may trigger a foreclosure ...

MBA has signaled its support for a bill that would offer veterans a permanent partial claim option following the end of the ...

Many in the U.S. military community frown on the recent end of a program that helped active duty and military veterans avoid ...

The VA shared more details on the wind-down of the VASP servicing program, drawing mixed reactions from industry experts.

The VA Servicing Purchase, or VASP, program was enacted by the Biden administration to help veterans avoid foreclosure by ...

Last year, the VA replaced that program with a new one called the Veterans Affairs Servicing Purchase (VASP) program, which ...

Rising costs have left many struggling to pay bills, and that includes making on-time rent and mortgage payments. For former ...

The U.S. Department of Veterans Affairs, as of Thursday, has ended a new mortgage-rescue program that so far has helped about ...

Mortgage industry officials this week expressed concerns over the recent Veterans Affairs’ decision to abruptly end a home ...

What Happened? On April 23, 2025, the U.S. Department of Veterans Affairs (VA) issued Circular 26-25-2 (the Circular), which announces that the ...

Mortgage bankers have been supporting recent updates to the legislative proposal while urging legislators to fast-track it given the phaseout of VASP.