VA Extends Mortgage Relief to Veterans Affected by Gulf Oil Spill

The Department of Veterans Affairs (VA) has joined federal agencies Fannie Mae and Freddie Mac in offering mortgage relief to borrowers who may be impacted by the BP oil spill still ravaging the Gulf Coast. The VA recently issued a notice to servicers of VA-guaranteed home loans instructing them to “extend every possible forbearance to veterans experiencing difficulties” because of the oil spill crisis.

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