MBA Letter to VA on the Veterans Housing Stability Act of 2024

2024 Comment Letters Government Lending Government Servicing Policy Issue Residential
Share to

Mortgage Bankers Association writes to express support for S. 3728, the Veterans Housing Stability Act of 2024. According to the MBA National Delinquency Survey, 74,370 Veterans are seriously delinquent on their home mortgages as of December 31, 2023. The bill provides these homeowners – who earned their Department of Veterans Affairs (VA) loan guarantee through sacrifice and service to our nation – a solution to resolve delinquency that other borrowers with government-backed loans already possess.

.