The White House announced at new program to help active-duty servicemen and servicewomen to afford homes. Recent studies by the Government Accountability Office, however, have found many of those entitled to protections under the Servicemembers Civil Relief Act (SCRA) don’t benefit from them, because they’re either unaware of them or choose not to deal with the paperwork involved. Speaking to veterans at the American Legion National Convention, President Barack Obama announced a plan to address those issues, with five of the country’s largest mortgage lenders agreeing to make the process easier and to proactively reach out to those who should be eligible for lower rates.
Posted on: Wed, 27 Aug 2014 15:36:17 +0000
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