New Study Reports Veterans Homeless in Record Numbers
Although “Operation New Dawn” signaled a reduction in US troops in Iraq, many returning veterans have no home when they return and end up homeless. A new study, released by the Department of Housing and Urban Development and the Department of Veteran Affairs, found that more than 100,000 veterans spent at least one night in a homeless shelter in 2009. Compounding that sad reality is the admission by key mortgage lenders at a Congressional hearing earlier this week that they have mistakenly foreclosed and overcharged thousands of veterans deployed to Iraq and Afghanistan. Chase admits it erred in foreclosing on troops - Army News | News from Afghanistan & Iraq - Army Times (http://www.armytimes.com/news/2011/02/ap-chase-admits-erred-in-foreclosing-on-troops-020911/?sms_ss=email&at_xt=4d542fb009985739%2C0).
The mortgage finance industry is killing the American Dream.
Highlighted Clip for Thursday, February 10, 2011:
By: William M. Welch
Military veterans are much more likely to be homeless than other Americans, according to the government's first in-depth study of homelessness among former servicemembers.
