What are the SCRA expectations for lenders regarding the Servicemembers Civil Relief Act?
The interpretation of this longtime federal law has been that it is the responsibility of servicemembers to notify lenders when they believe they are due protections.
But …View more
As a result of the government shutdown, some Democrats in Congress have introduced FECRA legislation similar to the SCRA to help protect federal workers.
The Servicemembers Civil Relief Act is a revision to a federal law dating back to World …View more
The original Servicemembers Civil Relief Act provided for protection of Servicemembers against foreclosures for a period of 90 days after active duty. Since then, we have seen SCRA foreclosure protection extended to longer terms, but all the increases had sunsetted …View more