The claim: Biden, Congress created a ‘generous mortgage relief program’ for veterans
As home-sale prices continue to increase across the country, posts claiming Congress established a “generous mortgage relief program” for veterans have surfaced on social media.
The claim follows President Joe Biden’s American Rescue Plan Act of 2021, which allocates approximately $10 billion to help homeowners struggling with financial hardships.
One post, titled “BIDEN IS ON A ROLL,” claims if veterans can’t wait for that assistance, they can take advantage of a relief program from Congress instead.
“If you can’t wait around for the assistance, Congress gives veteran homeowners a generous mortgage relief program. You’ll be happy when you see how much you could save,” says a video posted May 5 by the Veteran Loans Online Facebook page.
The organization is also running paid Facebook ads with a similar claim.
Reviews on the page include numerous complaints that the…