Is Service In the Space Force covered under the SCRA?
The answer is probably “yes”, but it appears that both Congress and DMDC might need to do some clean up.
The SCRA, at 50 USC §3911(1) defines a “servicemember” as a member of the “uniformed services” as defined in 10 …
View moreThe Mortgage Industry – Reviewing Compliance With The Servicemembers Civil Relief Act
In these days of peaks and troughs of the lending cycle, prudent mortgage professionals are keeping a close eye on compliance. The Servicemembers Civil Relief Act ranks high in list of regulatory requirements with some of the most severe consequences …
View moreCompliance with the Servicemembers Civil Relief Act: Vital, but Easy, for the Towing Industry
As service providers, towing operators rely heavily on their image and reputation to stand out from the competition. Clients expect fast, efficient service with as few complications as possible. Nothing can tank a business faster than towing and selling a …
View moreMilitary Service Numbers
When you’re searching for information about military personnel, you may try to find their military service number as a means to discover the information you are looking for. However, using this service number will only work for older veterans. That’s …
View moreLandlords & Lenders Beware: New Law Changes SMO Rules
The Servicemembers Civil Relief Act permits active military personnel to terminate leases on residences and vehicles when they receive a permanent change of station order or a deployment order, provided that the period is longer than 90 days. Landlords and …
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 …
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