Chris Birk

Feds Release Funding to Combat Veteran Homelessness

The federal government continues to take steps to curb the problem of veteran homelessness. Public housing authorities in 18 states will receive $5.4 million to provide permanent housing for nearly 700 homeless veterans, according to a joint announcement Monday from the Department of Housing and Urban Development and the Department of Veterans Affairs. This is …

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Service Members Can Still Tap Into First-Time Homebuyer Tax Credit

The $8,000 tax credit program for first-time home buyers helped prop up the sagging real estate market in 2010. While the landmark initiative finally expired last fall, there’s still one group of Americans who can still capitalize on the opportunity: Active duty military members who were serving our nation abroad on extended duty. But the …

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VA Provides Cash Relocation Assistance for Foreclosed Veterans

The recession has taken a heavy toll on homeowners nationwide, and America’s service members haven’t been spared. But veterans who lose their homes to a short sale or a deed-in-lieu of foreclosure will now have some financial cushion to help them rebound. The VA has authorized mortgage servicers to provide veterans with up to $1,500 …

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Military Homeowners Safeguarded Against Foreclosure

Some homeowners are foreclosure-proof. Service members borrowing mortgages backed by Freddie Mac and who will lose active duty status through 2011 won’t have to worry about foreclosure. Freddie Mac gave an edict to servicers to freeze foreclosures on eligible service members for at least nine months. As a government-backed purchaser of mortgage loans, Freddie Mac …

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Reconsider the VA Loan this Holiday Season

Service members and veterans considering a home purchase or refinance in 2011 should look no further than the VA Loan Guaranty program. These low-cost government-backed loans have helped millions of veterans and their families become homeowners since 1944. Today, VA loans are more important than ever in the face of economic uncertainty and tighter lending …

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