NAR Coalition Letter to House Leadership Urging Passage of S. 2393 SCRA Foreclosure Protection
Issue Date: March 21, 2016
US S 2393 - Foreclosure Relief and Extension for Servicemembers Act of 2015
On March 21, 2016, NAR as part of an industry coalition sent a letter to House Leadership.
The letter urges the restoration and extension of the one-year protection from foreclosure for military personnel leaving active duty under the Servicemembers Civil Relief Act (SCRA). The letter expresses the coalition's support for a continuation of this one-year uniform standard that enables the mortgage industry to provide a consistent experience for their military homeowners. S. 2393 is good public policy and will help provide the best service for military service members.