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New Mortgage Relief Law Will Help Thousands of Veterans Avoid ... July 31, 2025 — Press Release More action is needed to give Veteran borrowers and their families the assistance they deserve WASHINGTON – Yesterday, in a significant victory for Veteran homeowners and their families, theVA Home Loan Program Reform Actwas enacted into law. The new law provides a path for Veteran homeowners who have fallen behind on mortgage payments to get current on payments and avoid foreclosure. The new “partial claim” bill helps fill the gap in assistance created by the abrupt cancellation of the Veterans Affairs Servicing Purchase (VASP) in May, which created confusion and anxiety and put struggling Veteran borrowers at risk of foreclosure. “We applaud Congress for passing the partial claim bill. It is an important first step toward giving Veterans the help they need and deserve when they face financial hardship and possible loss of their homes,” saidSteve Sharpe, senior attorney at the National Consumer Law Center. “The VA now must streamline the new program to promote broad and timely access. We also call on Congress to work on further improvements to VA’s foreclos…

New VA program launches to help veterans avoid foreclosure on their homes <p>The Department of Veterans Affairs has launched a program to help veterans facing financial struggles avoid foreclosure and stay in their homes.</p>

New Legion-backed law helps thousands of veterans with delinquent mortgages avoid foreclosure | The American Legion Thousands of financially distressed veterans at risk of foreclosure will become eligible for federal assistance under a new program signed into law Wednesday that allows them to defer monthly mortgage payments temporarily without losing their homes. The VA Home Loan Program Reform Act authorizes the Department of Veterans Affairs to create a “permanent partial claims program” that gives veterans a second chance to stay in their homes, according to the bill’s supporters. Under the program, the VA buys a portion of the veteran’s debt and secures a lien on the property, according to the bill. The veteran does not have to pay off the claim until the home is sold or refinanced. President Donald Trump signed the bill into law at a ceremony attended by Rep. Mike Bost, R-Ill., who is chairman of the House Veterans’ Affairs Committee, and Rep. Derrick Van Orden, R-Wis., the bill’s sponsor. “This bill provides desperately needed relief to veterans and their families who have fallen behind on their mortgages,” Trump said. The legislation, which passed unanimously in the Ho…

VA Launches Plan To Save Veterans From Losing Homes - Newsweek By Amanda Greenwood Associate News Editor 0 Share Newsweek is a Trust Project member See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Department of Veterans Affairs (VA) has unveiled a new foreclosure-prevention program aimed at helping struggling veterans remain in their homes—an announcement that comes after months of mounting concerns over rising repossessions and a lack of support options . The agency confirmed this week that it’s rolling out a Partial Claim Program, a new tool designed to assist veterans who have fallen behind on their VA -backed mortgages. Under the plan, mortgage servicers will first place eligible borrowers on a three‑month trial repayment period. If successful, the servicer covers the overdue balance to bring the loan current, with the VA reimbursing that amount and allowing repayment later when the loan is closed, refinanced, or the home is sold. Read More on News VA Secretary Doug Collins said that the move will “ help keep thousands of veterans in their homes ,” positioning the policy as a long-awaited safeg…

VA Help To Avoid Foreclosure | Veterans Affairs VA help to avoid foreclosure If you fall behind on your mortgage payments, your mortgage servicer (the company that handles collecting the money) can foreclose on your home by taking ownership of the home and selling it to recover the money owed. Find out how our VA loan technicians can help you avoid foreclosure and keep your home. The VA Partial Claim program is now open for submissions We recently launched the Partial Claim program. This program provides Veterans experiencing financial hardship with an additional option to avoid foreclosure. Learn more about the Partial Claim program Can I get VA counseling to help avoid foreclosure? If you’re a Veteran or the surviving spouse of a Veteran, we’ll provide counseling—even if your loan isn’t a VA-guaranteed loan. If you have a VA-guaranteed loan, you can contact us anytime to discuss your loan. If you have a VA-guaranteed loan and it’s 61 days past due, we’ll automatically assign a VA loan technician to review your loan. What should I do if I’m having trouble paying my mortgage? If you’re having trouble making your mortgage payments, contact your loan servicer right away. They will w…

New law helps thousands of veterans with delinquent mortgages avoid ... A video screenshot of President Donald Trump on Wednesday, July 30, 2025, during a White House ceremony at which he signed into law a mortgage assistance bill that is expected to help thousands of veterans with home loans avoid foreclosure. Rep. Derrick Van Orden (left), R-Wis., and Rep. Mike Bost, R-Ill., attended the bill-signing ceremony. (C-SPAN) WASHINGTON — Thousands of financially distressed veterans at risk of foreclosure will become eligible for federal assistance under a new program signed into law Wednesday that allows them to defer monthly mortgage payments temporarily without losing their homes. The VA Home Loan Program Reform Act authorizes the Department of Veterans Affairs to create a “permanent partial claims program” that gives veterans a second chance to stay in their homes, according to the bill’s supporters. Under the program, the VA buys a portion of the veteran’s debt and secures a lien on the property, according to the bill. The veteran does not have to pay off the claim until the home is sold or refinanced. President Donald Trump signed the bill into law at a ceremony attended by R…

VA launches Partial Claim Program to help Veterans avoid home foreclosure - VA News WASHINGTON —The Department of Veterans Affairs today formally launched the VA Partial Claim Program , a new effort to help Veterans facing financial struggles avoid foreclosure and stay in their homes. The VA Partial Claim Program is authorized by the VA Home Loan Reform Act , which President Trump signed into law July 30, 2025. Here’s how it works: Mortgage servicers identify Veterans who are in default and might be able to qualify for the Partial Claim Program. Servicers place qualified Veterans on a three-month trial payment plan to assess their ability to stay current on their loan. When a Veteran successfully completes this trial period, the mortgage servicer will pay the overdue amount on the mortgage to make the Veteran current again. VA will then pay that same amount to the mortgage servicer. Servicers must repay VA when the loan is paid in full, refinanced, or the property is sold. “We are grateful to Congress and President Trump for creating VA’s Partial Claim Program, which will help keep thousands of Veterans in their homes,” said VA Secretary Doug Collins . VA’s Partial Claim Program i…

VA Mortgage Help: New Law Supports Veterans in Need - DAV If you’re a veteran facing the stress of falling behind on your home loan, help is on the way. The VA Home Loan Program Reform Act , a new law signed by the president on July 30, establishes a partial claim program designed to provide federal assistance and a crucial safety net for veterans struggling with their Department of Veterans Affairs-backed mortgages. This vital legislation enhances the VA secretary’s authority to manage home loan defaults, mandates a strategy for veteran real estate representation and increases funding for homeless veterans’ services. The new partial claims program replaces the Veterans Affairs Servicing Program (VASP)—a “last-resort option” designed to help delinquent borrowers avoid foreclosure by lowering their mortgage rate and making monthly payments more affordable. “The shift to the partial claims program aims to provide a more consistent and effective solution for veterans facing financial hardship, aligning VA’s loss mitigation options with those available through other federal housing programs,” DAV Associate National Legislative Director Joe Lemay said. The VA home loan program, a corne…