I also rise in support of H.R. 3976, as amended, a bill to extend certain expiring provisions providing enhanced protections for servicemembers relating to mortgages and mortgage foreclosure. Public Law 110-289, the Housing and Economic Recovery Act of 2008, extended the protections against foreclosure and related actions on servicemembers' homes contained in the Servicemembers Civil Relief Act from 90 days to 9 months following lengthy deployments. Extensions of these protections will sunset December 31, 2010. To address the continuing lengthy deployments by our servicemembers, the Veterans Home Preservation Act of 2010 would simply extend the mortgage-related sunset days contained in Public Law 110-289 through December 31, 2015. The bill also adds a new clause that would apply these same mortgage protections to a surviving spouse of a servicemember who dies while in military service and whose death is service connected. These are good provisions that are appropriate given the current economic climate.
Cliff Stearns: “I also rise in support of H.R. 3976, as amended, a bill to extend certain expiring provisions providing enhanced…”
Editor's note · Context
The speaker is addressing the need to extend mortgage protections for servicemembers and their families.
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