{"id":29825,"date":"2018-03-28T12:57:26","date_gmt":"2018-03-28T12:57:26","guid":{"rendered":"https:\/\/one.sightlinemg.com\/armytimes\/uncategorized\/2018\/03\/28\/va-extends-request-for-moratorium-on-foreclosures-after-2017-hurricanes\/"},"modified":"2026-08-08T02:20:49","modified_gmt":"2026-08-08T02:20:49","slug":"va-extends-request-for-moratorium-on-foreclosures-after-2017-hurricanes","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/armytimes\/home-hq\/2018\/03\/28\/va-extends-request-for-moratorium-on-foreclosures-after-2017-hurricanes\/","title":{"rendered":"VA extends request for moratorium on foreclosures after 2017 hurricanes"},"content":{"rendered":"\n

VA officials have again asked lenders not to foreclose on veterans whose ability to pay their VA-backed mortgages was impeded by three major hurricanes that hit the U.S. last year.<\/p>\n\n\n\n

In the aftermath of hurricanes Harvey<\/a>, Irma<\/a> and Maria<\/a> in 2017, VA requested that lenders not foreclose on such loans for 90 days. Because the lenders, not VA, hold the loans, the decision to foreclose is theirs, but VA can allow for the collection of additional interest if the lender agrees to hold off foreclosure proceedings.<\/p>\n\n\n\n

In March, VA requested the moratorium be extended to 270 days, after an earlier request to push the figure to 180 days.<\/p>\n\n\n\t