Posts with tag servicemembers civil relief act

Soldier Buys Back Parents' Foreclosed Home (Video)

For too many soldiers returning from overseas, homecomings are being tarnished by foreclosure signs. From military families who have lost their homes due to loss of income, to those unlucky enough to accrue late fees with their homeowners association, servicemembers are finding scant relief from the effects of the... Continue Reading »

Bank Offers $56M to Repay Military Families

JPMorgan Chase says it is willing to pay a whopping $56 million to settle the class-action lawsuit brought by 6,000 members of the military who accused it of overcharging them on their mortgages and violating the Servicemembers Civil Relief Act. A judge still has to approve the offer. The case was initially brought by... Continue Reading »

U.S. Soldier Evicted by Homeowners Association While Serving in Iraq

Capt. Michael Clauer of Frisco, Texas was deployed and serving his country in Iraq when the Heritage Lakes Homeowners Association decided to sell his family's home. The story is an especially surprising one considering that the HOA foreclosed on the home owned by Capt. Clauer, who serves in the Army Reserve, and his wife... Continue Reading »

Foreclosures Rise in Military, Army Wife Goes to Battle

While her husband serves his country, military spouse Nicole Rosen is fighting her own war to keep their home. The family moved to Washington State from Oklahoma in 2005 for Staff Sgt. John Rosen's military duty and purchased a home at a high interest rate. Soon after, Nicole quit her job after her now-4-year-old son was... Continue Reading »

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