MFI-Miami

SCRA

For Violating SCRA, Banks To Pay $311M To 2,413 Servicemembers

Banks To Pay $311 million For Violating SCRA By Illegally Foreclosing On 2,413 Service Members  The U.S, Department of Justice announced last week that SCRA violations by five major servicers now totals $311 million. The funds are also available to 2,413 members of the military who’s rights were violated under the SCRA. Five major banks […]

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For Violating SCRA, Banks To Pay $311M To 2,413 Servicemembers Read Post »

Quicken Loans

Banks To Pay $123 Million for Unlawful Foreclosures Against Servicemembers

Banks Were Committing Unlawful Foreclosures Against Servicemembers While They Were Busy Defending Our Freedom    The Justice Department announced today that under its settlements with five of the nation’s largest mortgage servicers, 952 service members and their co-borrowers are eligible to receive over $123 million for non-judicial foreclosures that violated the Servicemembers Civil Relief Act

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