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MBA Statement on Foreclosure Relief and Extension for Servicemembers Act of 2015

MBA Statement on Foreclosure Relief and Extension for Servicemembers Act of 2015

WASHINGTON, D.C. March 23, 2016 – (RealEstateRama) — David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement in response to the House passage of S.2393, the Foreclosure Relief and Extension for Servicemembers Act of 2015.

“MBA applauds the House passage of an extension of the SCRA’s important foreclosure protections.

“SCRA provides the brave men and women of our military with the certainty they won’t lose their home when they transition back to civilian life. That’s something that should never happen. Our industry is committed to helping members of the military stay in their homes and we are grateful Congress has renewed this vital homeownership tool.”

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