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International Business Times UK
International Business Times UK
World
Rohit David

Trump Pulls Plug on VA Mortgage Programme Leaving Thousands of Veterans Facing Foreclosure Nightmare

Foreclosure Trump Jr Trump Administration Instagram
Trump administration ends VA mortgage programme, triggering more than 10,000 foreclosures and leaving 90,000 veterans at risk. (For illustration purposes only) (Credit: RDNE Stock Project: Pexels)

The Trump administration has pulled the plug on a key veterans' mortgage assistance programme, leaving thousands facing foreclosure. More than 10,000 veterans lost their homes since the Department of Veterans Affairs terminated the Servicing Purchase programme on 1 May 2025.

Another 90,000 are currently behind on their mortgages or in the foreclosure process, according to industry data from ICE Mortgage Technology. Foreclosures on VA-backed loans have reached their highest level in a decade as of April 2026.

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