5/10/2023 0 Comments Foreclosed homes in quad citiesMany military families are also forced to make ends meet with lower housing allowances at their next duty stations, and they can lose the incomes of non-military spouses when they move. Because of the housing downturn, military families are often unable to sell their homes quickly at prices that will enable them to pay off their mortgages. Military families who would otherwise remain current on their mortgages are often forced to move because the military requires them to. Military homeowners have faced unique challenges during the recession. This bill provides protections against aggressive banks." Veterans deserve a fair shot at getting their financial house in order when they come home. Military families are required to move from place to place, and many have been left underwater in homes that are no longer worth what they used to be. "The recession and housing crisis have been hard on many military men and women. "The last thing a servicemember should be worrying about while fighting for us overseas is whether a bank is foreclosing on their family's home," Braley said. The measure was approved with overwhelming bipartisan support. Braley is the highest ranking Democrat on the House Veterans Affairs' Subcommittee on Economic Opportunity. Bruce Braley (IA-01) that would expand and improve protections against home foreclosure for American military veterans. Washington, DC - Late last night, the US House approved a measure written by Rep.
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