With the impending end of a veteran-focused foreclosure assistance program’s acceptance of new applications on May 1, the Mortgage Bankers Association (MBA) continues to sound the alarm over proceeding without something to replace it.

On Wednesday, the House of Representatives Committee on Veterans’ Affairs Subcommittee on Economic Opportunity has scheduled a markup of several veteran-focused pieces of proposed legislation, which includes a bill called the “VA Home Loan Program Reform Act.” sponsored by subcommittee chairman Rep. Derrick Van Orden (R-Wis.).

“MBA remains deeply concerned that the VA’s plans to end the VASP program without details ⇒

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