Congress Votes to Extend SCRA One-Year Foreclosure Protection Period

foreclosure

Congress voted unanimously on Wednesday to extend a provision of the Servicemember Civil Relief Act that prohibits banks from foreclosing on a servicemember’s house for one year following his or her return from active duty.

According to the CFPB Monitor, the protection period has been extended until January 2016.

“After fighting for our country overseas, our troops shouldn’t have to fight to keep a roof over their heads when they return home,” Sen. Sheldon Whitehouse in a press release.

Image via flickr/Nick Bastian

Continue to original source.