The opinions expressed by columnists are their own and do not represent our advertisers

Thursday, July 19, 2012

Why Do So Many Servicemembers Not Receive Mortgage Protections They Have Legal Right To?

The Servicemembers Civil Relief Act (SCRA) includes a number of protections for members of the armed forces who took out a mortgage before going on active duty. But as we have learned in recent years, there are at least 15,000 instances where banks failed to follow those guidelines -- and hundreds -- perhaps thousands of times where lenders have illegally foreclosed on servicemembers homes.


No comments: