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bigtree

(94,286 posts)
Thu Apr 2, 2026, 02:42 PM 9 hrs ago

Trump's VA killed Biden's home loan program and 10k lost their homes. 90k more veterans are now threatened because of it

Grant Stern @grantstern · 3h
Donald Trump cares so much about our troops that he foreclosed 10,000 military families out of their homes to save the federal government a little money. Why? Because Joe Biden made a plan to help them but Trump shut it down.

https://www.npr.org/2026/04/02/nx-s1-5750814/veterans-mortgages-foreclosure-va-rescue




___More than 10,000 veterans lost their homes to foreclosure since May of last year, when the Trump administration shut down a key safety net in the VA home loan program, according to the latest industry data. That is the highest pace of foreclosures for VA loans in a decade.

Another 90,000 vets are heading toward foreclosure. This comes after a years-long debacle inside the Department of Veterans Affairs has whiplashed thousands of vets between various enacted and canceled programs and left many of them on the brink of losing their homes — often through no fault of their own.

The roots of the crisis go back to a mistake made during the Biden administration, when the VA abruptly shut down a pandemic assistance program while thousands of vets were still in the middle of it. Struggling homeowners who used the program to skip some mortgage payments suddenly had to pay those payments back all at once — an unaffordable burden for many of them. After an NPR investigation exposed the problem, the VA halted foreclosures for a year while it rolled out a fix.

Republicans in Congress, citing costs, wanted to kill that fix and replace it with something else. But last spring, the mortgage industry warned that shutting down the program without first replacing it would be a disaster.

Less than two months later, the Trump administration shut down the rescue program anyway.

read more: https://www.npr.org/2026/04/02/nx-s1-5750814/veterans-mortgages-foreclosure-va-rescue
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Trump's VA killed Biden's home loan program and 10k lost their homes. 90k more veterans are now threatened because of it (Original Post) bigtree 9 hrs ago OP
I'm sure many of the vets voted for him wolfie001 9 hrs ago #1
Trump doesn't have time for food, medicine, housing for the regular people Irish_Dem 9 hrs ago #2
he has foreign wars to fight bigtree 8 hrs ago #5
Hedge funds buying opportunity. Set up by t for his friends. cbabe 9 hrs ago #3
Whenever Republicans want to replace something with something else, the GoodRaisin 8 hrs ago #4

wolfie001

(7,685 posts)
1. I'm sure many of the vets voted for him
Thu Apr 2, 2026, 02:47 PM
9 hrs ago

They voted for their own demise. America's failing right now because of stupid, undereducated asshole voters. Rant over

Irish_Dem

(81,309 posts)
2. Trump doesn't have time for food, medicine, housing for the regular people
Thu Apr 2, 2026, 02:54 PM
9 hrs ago

If you’re a billionaire well then he’s got plenty of time

GoodRaisin

(10,923 posts)
4. Whenever Republicans want to replace something with something else, the
Thu Apr 2, 2026, 04:09 PM
8 hrs ago

“something else” is always “nothing”.

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