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Community relations

VA Reaching Out to Vets With Mortgage Problems

Date Released: 
Thu, 06/12/2008

VA Reaching Out to Vets With Mortgage Problems

Many home owners have found it difficult recently to pay their mortgages, but quick intervention by loan counselors at the Department of Veterans Affairs (VA) has actually reduced the number of veterans defaulting on their home loans.

“VA is reaching out to veterans—both those who use our home-loan guaranty program and those who don’t take advantage of our guaranties—to keep people in their homes,” said Secretary of Veterans Affairs Dr. James B. Peake. “I’m proud of our solid record of success in helping veterans and active-duty personnel deal with financial crises.”

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