Jump to content

Recommended Posts

Posted

Democrat Shutdown Hurts Families, Veterans, Workers Across the Country

Democrats’ reckless push to hold the government hostage over free healthcare for illegal aliens has forced a crippling shutdown — making essential workers and servicemembers go unpaid, pushing vital programs like WIC to the brink, and leaving key services unfunded.

Across the country, the Radical Left’s political stunt is inflicting pain:

Democrat Shutdown Hurts Families, Veterans, Workers Across the Country – The White House https://share.google/aleghodjFkVlFKnBk

Posted

It’s ridiculous 

  • 5 months later...
Posted

Trump's VA killed a home loan program. Vets are now losing their homes because of it

<<<

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.

" We should have something in place to try to stem people from losing their homes," said Steve Sharpe, an attorney with the nonprofit National Consumer Law Center.

The Trump administration was warned this would happen.

The roots of the crisis go back to a mistake made during the Biden administration, when the VA abruptly shut down a pandemic assistance program while thousands of vets were still in the middle of it. Struggling homeowners who used the program to skip some mortgage payments suddenly had to pay those payments back all at once — an unaffordable burden for many of them. After an NPR investigation exposed the problem, the VA halted foreclosures for a year while it rolled out a fix.

Republicans in Congress, citing costs, wanted to kill that fix and replace it with something else. But last spring, the mortgage industry warned that shutting down the program without first replacing it would be a disaster.

"Foreclosure. Period. That's really where it's gonna come to," warned Elizabeth Balce, representing the Mortgage Bankers Association, at a hearing in March of 2025 before the House Committee on Veterans' Affairs.

Less than two months later, the Trump administration shut down the rescue program anyway.

Since then, more than 10,000 veterans have lost their homes through foreclosure sales, according to ICE Mortgage Technology, which tracks such data.

It's unclear how many of those veterans could have avoided foreclosure through the rescue plan, called VASP, or the VA Servicing Purchase program. But mortgage industry insiders told NPR it's clear that some of those vets had enough disability pay or other income and would have been able to keep their homes had VA not shut down VASP with virtually no warning.

VA officials did not respond to NPR's questions about why the agency shut down VASP without first replacing it with anything else.

Meanwhile, 90,000 more veterans are currently behind on their mortgages or in the foreclosure process. The VA now says it's coming out with a new program that could help many of those vets, but it still won't be up and running for months.

Housing and industry groups warn that the new program, when it is finally operational, could still leave those vets with worse options than other homeowners, and push their monthly payments up by hundreds of dollars a month.

Buying a house brought stability

For Leann Ledford, one of the hardest things right now is that she's been here before and fought her way out. "When you lose your home, your house, nothing else matters," she said.

Ledford's husband is a Marine who was hurt in Afghanistan. He has PTSD and a brain injury. It took a long time to get through the VA's red tape to approve his disability pay, and in the meantime, his condition got so bad he couldn't work.

At first, we didn't know whether it was a stroke or a seizure or what was going on," Ledford remembers.

She had to stop working to care for her husband, and then they couldn't afford rent. The couple ended up living out of a trailer hitched to their truck, with their young son, for six months while they waited for his disability paperwork to go through.

But then they got back on their feet. They even bought a house in January 2021 with a loan backed by the VA.

That's just what the VA loan is supposed to be — a life-changing benefit to give veterans a leg up into the middle class and homeownership.

The house is right across the street from the neighborhood's public school. "So our son started at the elementary school," which, Ledford said, has been a "huge relief.">>>

 

 

 

Posted
3 hours ago, SaintsInDome2006 said:

More than 10,000 veterans lost their homes to foreclosure since May of last year

Yea, thats EXACTLY what happens when you don't pay your mortgage. 

WTF does this have to do with anything @SaintsInDome2006 ?

  • Like 1
Posted

Happens when they cant pay. 

Posted
18 hours ago, Maximum Overkill said:

Yea, thats EXACTLY what happens when you don't pay your mortgage. 

WTF does this have to do with anything @SaintsInDome2006 ?

Attacking Trump is literally all the democrats are capable of in life. And they even suck at that. 

Posted
1 hour ago, seafoam1 said:

What does people not making their mortgage payments have anything to do with how the Democrats are destroying America? 

Trump is in charge.

  • 3 months later...
Posted

She does what she's told, votes as she's told, and doesn't know why.

Yes, many bills come with poison pills but not the clean CR. That stock answer works 95% of the time but doesn't work here and she's too stoopid to know the difference.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...