Monday, July 22, 2013

Banks unlawfully foreclosed on military members while they were on tours of duty

Banks unlawfully foreclosed on military members while they were on tours of duty

Banks wrongfully foreclosed the homes of more than 700 military families during the financial crisis, a number much higher than originally thought.
Active military and National Guard members are protected from foreclosure under federal law, but some of United States’ largest banks failed to take that into account when they wrongfully seized the homes of hundreds of American service members.

No comments:

Post a Comment