Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I will return back to the issue of VASP and read aloud a letter that I am circulating to my colleagues for a signature to the Secretary, and it begins with: ``Dear Secretary Collins: On April 3, 2025, you abruptly announced the closure of the Veterans Affairs Servicing Purchase program (VASP), leaving tens of thousands of veterans at risk of foreclosure. These actions were taken unilaterally, leaving veterans, veterans service organizations, and mortgage services unsure how the closure would be administered, and what would happen to veterans that are already reeling from this administration's assault on veterans and our economy. We write today to urge you to immediately reverse this decision, and avoid foreclosing on veterans who simply wish to keep paying their mortgage and keep their home. ``Since the inception of the Veterans Affairs Servicing Purchase program (VASP) in May 2024, over 17,000 veterans have been able to avoid foreclosure and remain in their homes.'' This represents 0.46 percent of the 3.7 million total loans under the VA home loan program. ``VASP was established as a last resort option within VA's Home Retention Waterfall to help veterans impacted by the COVID-19 pandemic. During this emergency, Congress and the VA rightfully allowed borrowers to request forbearance and allowed missed payments to be added to the end of the loan term.…”