And any civilian's complaining about any type of so called 'special treatment' put a cork in it, you haven't not only not Sacrificed, as to these wars and those sent, you haven't Demanded you should nor are you paying much attention to as one continues! Nor do many find anything wrong with the way businesses have operated under the so called free market capitalism. The only ones talking about and doing what they can, in the limits of our government branches, are this Administration and those with it and have been since before the oaths of office were taken!
March 6, 2012 – Thousands of service members and veterans whose mortgages were wrongfully foreclosed on, or who were improperly denied lower mortgage interest rates in the national housing crisis, can receive “significant relief,” President Barack Obama announced today.
“It is unconscionable that members of our armed forces and their families are among those who were most susceptible to losing their homes due to the unscrupulous acts of banks and mortgage lenders,” Obama said during a White House news briefing.
Defense Secretary Leon E. Panetta issued a statement, applauding the announcement. “These new steps are the result of an extensive interagency effort made by this administration to protect and support service members and veterans, and this initiative will help military families overcome obstacles to purchasing and maintaining a home,” Panetta said.
Helping military families achieve personal and financial security “is a vital part of maintaining a strong national defense, just as home ownership is a vital part of fulfilling the American dream,” Panetta said.
“I thank the president for ensuring that our service members receive the support they need so they and their families can pursue their dreams while carrying out their vital missions around the world,” he said.
Federal and state officials announced Feb. 9 that the nation’s five largest mortgage lenders – Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, and Ally Financial [formerly GMAC] – agreed to pay $26 billion to settle a government lawsuit claiming mortgage loan and foreclosure abuses. At least $20 billion is to be returned to aggrieved homeowners, according to White House and Housing and Urban Development Department news releases.
“If you are a member of the armed forces whose home was wrongfully foreclosed, you will be substantially compensated,” the president said. read more>>>
No comments:
Post a Comment