Chris Arnold

And what that well-positioned source explained to Chris was essentially that The VA was being a bad rich friend because you will recall the VA is supposed to be a good rich friend that vouches for veterans, you know, promises lenders that ultimately the VA can take the hit if someone stops paying their mortgage.

Well, now, when tens of thousands of veterans took COVID forbearance, they paused mortgages temporarily. But it was up to the VA to decide how those missed payments could eventually be paid back. Like literally to decide what the options would be for those homeowners when they were ready to start paying again. Chris has this useful way to picture the whole thing.

Well, now, when tens of thousands of veterans took COVID forbearance, they paused mortgages temporarily. But it was up to the VA to decide how those missed payments could eventually be paid back. Like literally to decide what the options would be for those homeowners when they were ready to start paying again. Chris has this useful way to picture the whole thing.

Well, now, when tens of thousands of veterans took COVID forbearance, they paused mortgages temporarily. But it was up to the VA to decide how those missed payments could eventually be paid back. Like literally to decide what the options would be for those homeowners when they were ready to start paying again. Chris has this useful way to picture the whole thing.

Yeah, all those other, you know, rich friend entities, Fannie, Freddie, et cetera, that help people get mortgages. Well, they also got to determine their homeowners' forbearance repayment options, and those all seem to be going fine. What Chris's source was telling him was that sometime in October 2022...

Yeah, all those other, you know, rich friend entities, Fannie, Freddie, et cetera, that help people get mortgages. Well, they also got to determine their homeowners' forbearance repayment options, and those all seem to be going fine. What Chris's source was telling him was that sometime in October 2022...

Yeah, all those other, you know, rich friend entities, Fannie, Freddie, et cetera, that help people get mortgages. Well, they also got to determine their homeowners' forbearance repayment options, and those all seem to be going fine. What Chris's source was telling him was that sometime in October 2022...

The VA had stopped allowing the one repayment option that Ray and Becky Queen had thought they were getting, where they pause their payments, restart the payments, and the missed payments go all the way to the back of the loan. It was the VA's one affordable on-ramp.

The VA had stopped allowing the one repayment option that Ray and Becky Queen had thought they were getting, where they pause their payments, restart the payments, and the missed payments go all the way to the back of the loan. It was the VA's one affordable on-ramp.

The VA had stopped allowing the one repayment option that Ray and Becky Queen had thought they were getting, where they pause their payments, restart the payments, and the missed payments go all the way to the back of the loan. It was the VA's one affordable on-ramp.

As Chris and Quill dug into this, they discovered that there were as many as 40,000 veterans now stuck, unable to get back onto that mortgage payment highway. 40,000 veterans that were on the path to losing their homes.

As Chris and Quill dug into this, they discovered that there were as many as 40,000 veterans now stuck, unable to get back onto that mortgage payment highway. 40,000 veterans that were on the path to losing their homes.

As Chris and Quill dug into this, they discovered that there were as many as 40,000 veterans now stuck, unable to get back onto that mortgage payment highway. 40,000 veterans that were on the path to losing their homes.

Now, again, the Queens were about to lose their house. They say it was scheduled for the next foreclosure auction. And this next part of the story, Chris and Quill are just sort of running between the Queens and the Department of Veterans Affairs, just trying to figure out why the VA blew up the on-ramp. And so they go to the VA and they ask, why did you do this?

Now, again, the Queens were about to lose their house. They say it was scheduled for the next foreclosure auction. And this next part of the story, Chris and Quill are just sort of running between the Queens and the Department of Veterans Affairs, just trying to figure out why the VA blew up the on-ramp. And so they go to the VA and they ask, why did you do this?

Now, again, the Queens were about to lose their house. They say it was scheduled for the next foreclosure auction. And this next part of the story, Chris and Quill are just sort of running between the Queens and the Department of Veterans Affairs, just trying to figure out why the VA blew up the on-ramp. And so they go to the VA and they ask, why did you do this?

Why did you blow up the one affordable option for veterans to start repaying their mortgage?

Why did you blow up the one affordable option for veterans to start repaying their mortgage?

Why did you blow up the one affordable option for veterans to start repaying their mortgage?

Now, the VA did seem to know there was a problem, to be fair. They said that they were working on a new on-ramp, if you will, a new way for people to start repaying again by sort of resetting the mortgage to a super low interest rate. But... The VA admitted to Chris and Quill that whole thing wasn't going to be ready for months.