The U.S. Department of Veteran Affairs (VA) announced on Wednesday that it has called on mortgage servicers to extend the moratorium on foreclosures for VA-guaranteed loans through Dec. 31, 2024, while these companies implement a new program to help struggling veterans.
The current moratorium, announced in November, was set to end on Friday. It was implemented amid complaints of veterans’ struggles because there was no program available to succeed a partial claim option offered during the COVID-19 pandemic.
“We’re calling on mortgage servicers to follow a targeted foreclosure moratorium so we can make sure that details ⇒
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