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Tag Archives: scra

Capital One Spanked by OCC Over Servicemembers Civil Relief Act Violations

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The Office of the Comptroller of the Currency (OCC) today announced enforcement actions against Capital One, N.A., and Capital One Bank (USA), N.A., for violations and compliance deficiencies related to the Servicemembers Civil Relief Act (SCRA). The SCRA provides servicemembers relief from certain obligations and temporarily suspends judicial and administrative proceedings and transactions involving civil liabilities when military service affects ... Read More »

    My Husband is Active Duty Military. We Can’t Live Together Because of the Mortgage. – Lisa

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    “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 couldn’t afford the payment. Mortgage ... Read More »

      I’m Active Duty Military. Is There Any Relief I Can Get From My Mortgage? – Kenneth

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      “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 Arizona but currently stationed in ... Read More »

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