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When a military service member is on active duty -- anywhere from Afghanistan to Ft. Benning, Ga. -- a number of regulations protect the soldier in the event that anything goes wrong in a family's ...
The Servicemembers Civil Relief Act (formerly called the Soldiers' and Sailors' Civil Relief Act of 1940) (codified at 50 U.S.C. §§ 3901—4043) is a United States federal law that protects soldiers, sailors, airmen, marines, coast guardsmen, and commissioned officers in the Public Health Service and National Oceanic and Atmospheric Administration from being sued while in active military ...
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis. It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 ...
The bottom line. Military members can benefit from interest rate caps and waived fees thanks to the protections in place by the SCRA. This makes it easier to fit high-value rewards credit cards ...
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
WASHINGTON -- President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a ...
The United States Navy Reserve (USNR), known as the United States Naval Reserve from 1915 to 2005, [1] is the Reserve Component (RC) of the United States Navy.Members of the Navy Reserve, called Reservists, are categorized as being in either the Selected Reserve (SELRES), the Training and Administration of the Reserve (TAR), the Individual Ready Reserve (IRR), or the Retired Reserve.
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