7 Point SCRA Checklist for Lenders
Lenders can’t comply with the Servicemembers Civil Relief Act if they aren’t well-versed in all of its many sections. Lenders who don’t retain legal advice to help them meet the many and varied requirements would do well to appoint a …
View moreNationstar Mortgage Settles with CFPB for $91 Million
Nationstar Mortgage, the largest non-bank mortgage servicer in the United States, has settled a lawsuit with the federal Consumer Financial Protection Bureau for violating consumer protection laws.
The settlement with Nationstar Mortgage, which does business as “Mr Cooper”, calls for …
View moreMilitary records search at National Archives
There are so many reasons to search for military records, but one of the main ones is to stay in compliance with the Servicemembers Civil Relief Act. Bankers, lenders, landlords, property managers and others must follow the tenets of …
View moreHow to verify military service of an inactive member
There are many times lenders, business owners or others may need to verify a client’s military service. The reasons are many, but they are oftentimes related to complying with the Servicemembers Civil Relief Act.
The Servicemembers Civil Relief Act …
View moreSenate Passes Bill to Expand SCRA due to COVID-19
The U.S. Senate has passed legislation to extend extra privileges through the SCRA to servicemembers affected by COVID-19, including allowing those whose orders to relocate have been canceled or held up to break leases and contracts.
The Servicemembers Civil Relief …
View moreWhat branches of military are covered by SCRA?
Those who own, operate, or work in an industry that does business with members of the military are likely concerned with upholding the provisions of the Servicemembers Civil Relief Act.
If you are unfamiliar with this federal law, the …
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