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Big Take

US Veterans Are Losing Their Homes As Covid Mortgage Relief Ends

Nov 9, 2023
26:30

During the pandemic, the US government granted millions of homeowners a temporary pause in their mortgage payments. Hundreds of thousands of military veterans were among those who participated in the program. After the pause lifted, they thought they would pick up their payments where they’d left off. For many of them, that wasn’t the case.

Bloomberg's Caleb Melby and Polly Mosendz join this episode to explain why veterans across the country have found themselves battling lenders that are threatening to foreclose on their homes—and what if anything is being done to help them.

Read more: Veterans Got a Mortgage Break. Now They're Losing Their Homes

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Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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