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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.

soldier 708711 640small 150x150The 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.

Read the full article from NPR.

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