Top Democrats Introduce Legislation to Protect Military Families from Foreclosure
By Daniel Edstrom
DTC Systems, Inc.
Of note, among other things, is the following statement from this release:
Although federal banking regulators have refused to provide Congress with detailed information on such cases, more than 1,600 individuals are receiving compensation for violations of SCRA under amended consent orders announced in February between the Board of Governors of the Federal Reserve, the Office of the Comptroller of the Currency, and 13 of our largest banks.
For Immediate Release
May 7, 2013
Top Democrats Introduce Legislation to
Protect Military Families from Foreclosure
Washington, D.C. (May 7, 2013)—Today, Reps. Elijah E Cummings, Mike Michaud, Adam Smith, Susan Davis, Mark Takano, and John Tierney, the Ranking Members of the Committee on Oversight and Government Reform, the Committee on Veterans’ Affairs, the Committee on Armed Services, the Subcommittee on Military Personnel, the Subcommittee on Economic Opportunity, and the Subcommittee on National Security, introduced H.R. 1842, the Military Family Home Protection Act, to strengthen foreclosure protections for U.S. military servicemembers and their families. Continue reading “Top Democrats Introduce Legislation to Protect Military Families from Foreclosure”