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2 | MHCE - News www.mhce.us DECEMBER 2020 EDITION provision of the CARES act gave borrowers the option to delay or stop their mortgage payments for up to 360 days if they face COVIDrelated financial hardship. But the eviction protection and payment delay allowances are slated to end Dec. 31. And with the end of the foreclosure moratorium rapidly approaching, the VA's plan allows the government to pay any overdue mortgage payments for qualifying veterans. Under the proposal, any overdue mortgage payments that the holder of the VA-back mortgage has run up over the last nine months will be paid to the lender by the VA. The veteran will then have to pay back that money to the VA while they continue to make their regular mortgage payments. The VA Will Cover Late Mortgage Payments Under This Plan By Jim Absher Veterans who are behind on their mortgages thanks to COVID-19 related hardships could soon have their overdue payments covered by the Department of Veterans Affairs under a proposed low-interest loan program. The plan, outlined in the Federal Register, could help about 60,000 veterans who hold VA home loans avoid eviction. The VA is seeking public comments on the plan through Jan. 7. A major provision of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) gives protection from eviction and a mortgage payment forbearance option for all borrowers suffering financial hardship due to the COVID-19 national emergency. Under the act, borrowers who cannot make their mortgage payments on time are temporarily saved from being kicked out of their homes. Another Those borrows will have up to 10 years to repay any VA funds used for this program, with an up to five year delay before payments kickin. VA plans to charge 1% interest on the loans. Those receiving this assistance from the VA will still have to work with their lender to figure out a mutually agreeable payment plan (forbearance) for future payments, and they will have to stick to that payment plan if they wish to remain in their homes. To qualify for the proposed program: • The borrower must have been up-to-date (or less than 30 days late) on their loan payments as of March 1, 2020. • The borrower must have received CARES Act forbearance from their lender and have missed at least one scheduled monthly payment since qualifying. • The veteran must have enough income to resume making monthly mortgage payments to their lender and have a debt to income ratio within acceptable levels. An estimated 33,000 and 60,000 veterans may qualify for the relief, according to the VA.
WWW.MHCE.US Monthly Newsletter | 3 treated their female colleagues. The requirement to end the practice was included in the 2020 National Defense Authorization Act, which was signed into law last December. Leaders have said that the coed companies that have graduated at Parris Island have performed as well, if not better than, some all-male or all-female companies. "If anything, it went a little better because there's a little bit more competition with [each platoon] going, 'No, we need to beat them,' or 'We can't let them beat us,'" now-retired Maj. Gen. William Mullen, the former head of Marine Corps Training and Education Command, told Military.com last year. "So there was a little bit of that effect. But other than that, there was no real difference." Female Recruits to Train at Marines' All-Male San Diego Boot Camp in Historic First By Gina Harkins Courtesy Translation: Lena Stange, Public Affairs Specialist The female recruits that will ship to Marine Corps Recruit Depot San Diego in February have already been notified that they won't be training at Parris Island, officials said. The women, like most men who train in San Diego, will ship from states west of the Mississippi River. The Marine Corps is also studying, as part of meeting its congressional mandate to make boot camp coed, the possibility of training all its recruits at a new site rather than shipping them to separate coasts. That has led to outcry from South Carolina politicians who are pushing back against closing the historic Parris Island base. For the first time ever, the Marine Corps is about to send dozens of women to its all-male West Coast boot camp as the service prepares to meet a congressional mandate to make its entry-level training coed. About 60 female recruits will begin training at Marine Corps Recruit Depot San Diego in February, multiple officials told Military.com. The plan is part of a test run as the Marine Corps experiments with ways to end its long-held tradition of separating enlisted recruits by gender when they arrive at boot camp. TO ADVERTISE contact susan.keller@mhce.us The service has historically trained female recruits only at Marine Corps Recruit Depot Parris Island in South Carolina. But it is required by law to end that practice within five years at Parris Island and within eight at San Diego. Three women will also graduate from the Marine Corps' West Coast drill instructor school this week, officials said. The new drill instructors will be part of the team responsible for training the incoming female platoon. Commandant Gen. David Berger, the Marine Corps' top general, said during a Defense One event in September that the service would "run a couple of trials this wintertime" in which it would move female drill instructors from South Carolina to San Diego "and train recruits on the West Coast to see how this is going to work." It was not immediately clear at the time whether that meant the drill instructors would train the male recruits already there, or women as well. The recruits will be assigned to a coed company once they get to San Diego. The company will follow the training model Parris Island has been using over the last two years to train men and women together in the same company. The first-ever gender-integrated company, which included one female platoon and five male platoons, graduated from Parris Island in March 2019. Several more coed companies have since completed training together there. Lawmakers have pressed the Marine Corps to train men and women together after all combat arms jobs opened to women and a highprofile scandal highlighted the troubling way some male Marines
