NAR Coalition Letter to Capitol Hill Regarding Permanent Extension of SCRA One Year Foreclosure Protection
Issue Date: December 03, 2015
Coalition letter to Chairmen Miller, Hensarling, Thornberry, Isakson, Shelby, McCain and Ranking Members Brown, Waters, Smith, Blumenthal, Brown and Reed.
The letter expresses the group's strong support for extending the one-year protection from foreclosure for military personnel leaving active duty under the Servicemembers Civil Relief Act (SCRA). The current one-year protection from foreclosure will expire at the end of 2015 and revert to the original ninety-day protection. We support extending the foreclosure moratorium of one-year permanently, but at a minimum for an additional year through 2016.