Source: International Business Times
Thousands of US military veterans are facing the loss of their homes as a crisis tied to the Department of Veterans Affairs' mortgage system deepens, following Donald Trump's cancellation of a key rescue program that once helped struggling borrowers stay afloat. Trump Administration Scraps VA Mortgage Relief Program, Sparking Veteran Housing CrisisThe issue centres on VA-backed home loans, a long-standing benefit designed to help veterans achieve homeownership with favourable terms, including low or no down payments. The US Department of Veterans Affairs guarantees these loans, but does not issue them directly, instead working with private lenders to support eligible borrowers.
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