Housing: 90,000 veterans at risk of foreclosure

NPR - More than 10,000 veterans have lost their homes to foreclosure since May 2025, when the Trump administration shut down a key safety net in the Department of Veterans Affairs home loan program, according to the latest industry data. Another 90,000 veterans are at risk of foreclosure. This crisis began during the Biden administration when the VA abruptly ended a pandemic assistance program, forcing struggling homeowners to repay missed mortgage payments all at once. After an NPR investigation exposed the issue, the VA halted foreclosures for a year while it rolled out a fix. Republicans in Congress sought to eliminate and replace that fix due to costs. Mortgage industry experts warned that ending the program without a replacement would lead to disaster, but the Trump administration shut down the rescue program. The VA says it's launching 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 say this new program could leave veterans with worse options than other homeowners.