Tag Archives: servicemembers civil relief act
- How Does a “Mortgage Release” Work to Let Us Hand Back Our House. My Husband is Active Duty Military.
We can’t make our payments, applied for a modification over a year ago. Paid trial payments and the first couple of regular payments, then received a notice from the mortgage co. that they were mistaken, and the mod had not actually gone through. I stopped making the payments as they were not being credited anyway. [...]
- Military active status, how do I get my auto loan intrest rate reduced to 6 percent? – Donny
I am new car franchise dealer, i recently sold a class e-5 active army seargent, in the past i was at a large dealership in little rock ar. and we were familiar and had several that took advantage of this program. I am currently in a small town and dealership that has never heard of [...]
- My Husband is Active Duty Military. We Can’t Live Together Because of the Mortgage. – Lisa
“Dear Steve, My husband’s employer did drastic pay cuts in 2009. He left his job of 13 years and joined the Army. Our 1st duty station was Germany. We were able to rent our house out, but the renters left after the lease was up in Sept. Property management company couldn’t rent it out, we [...]
- Chase Bank Overcharges Troops on Mortgages and Admits to Improper Foreclosures
by Marian Wang, ProPublica, JPMorgan Chase acknowledged this week that it overcharged some 4,000 military families for their mortgages and wrongfully foreclosed on at least 14. It’s not clear how much the mistakes have cost these families, but the bank told NBC News that it’s collectively refunding about $2 million [1] to those affected. It [...]
- I Am On Active Duty in the Army in Iraq and Have a Lot of Debt Back Home. – Henry
“Dear Steve, Im a home owner, a land owner, two cars, two credit cards(both maxed out), and some other credit through the Army I am paying on. I am an active duty soldier in iraq at the moment. I total my debt at close to 120,000 dollars or so. The house is with gmac, land [...]
- I’m Active Duty Military. Is There Any Relief I Can Get From My Mortgage? – Kenneth
“Dear Steve, Miltary active duty. Married with a child. Bought my home in 2006 at the hieght of the real estate “boom” and now stuck with a property that is worth 80,000 dollars less than what I owe on it. I am currently 80,000 dollars upside down on my mortgage. I own the home in [...]