Trump Signs Bipartisan VA Home Loan Reform Act

President Donald Trump signed the bipartisan VA Home Loan Program Reform Act into law to prevent veteran foreclosures and reduce veteran homelessness. The law establishes a permanent partial claims program, allowing veterans to move missed mortgage payments to the end of their loan term and avoid foreclosure. It replaces the Biden-era Veterans Affairs Servicing Purchase (VASP) program, which faced criticism over fiscal impact and oversight. The bill passed Congress unanimously, reflecting bipartisan and bicameral support, and aligns VA assistance with other federal housing agencies. Lawmakers and advocates praised the legislation for modernizing the VA Home Loan Program and supporting veterans and their families. Trump stated the law protects taxpayers and the VA loan program's integrity while reaffirming his administration's commitment to veterans.