On Veterans Day, NPR published a story on its website about Veterans facing home foreclosure. Kelly Guzzo partner, Kristi Kelly, was interviewed as a part of this story. Kelly Guzzo has filed a lawsuit in federal court to help Veterans in similar situations. According to NPR, the Department of Veterans Affairs (VA) ended a forbearance program in late 2022 that allowed homeowners with VA loans to defer their mortgage payments to a later time. The program was started as a COVID-19 pandemic recovery measure and the VA claims it lacks authority to continue it, although some in the mortgage industry disagree.
Kristi noted that the problem is unique to VA loans, as other federally-backed loans still have deferment options. Many Veterans were made promises by their mortgage servicers that were later untrue. Because of this, Kelly Guzzo is representing Veterans to help keep them in their homes.
Right now, there are 6,000 Veterans facing foreclosure and another 34,000 who are behind on payments. If you are a Veteran who is at risk of losing your home, Kelly Guzzo may be able to help you.
The radio version of this story aired on NPR’s Morning Edition on November 13.