President Obama Extends SCRA Protections for Servicemembers

President Obama signed the Honoring America’s Veterans and Caring for Camp Lejeune Families Act (H.R. 1627) into law on Aug. 6, 2012, extending Servicemembers Civil Relief Act (SCRA) protections for servicemembers.

Section 710 of the law amends the SCRA, temporarily extending the act’s protections against foreclosures from nine months to one year through Dec. 31, 2014, for returning servicemembers after they separate from active duty.

The Housing and Economic Recovery Act (HERA) amended the SCRA in 2008 to provide nine months of protection (originally 90 days) from mortgage foreclosures for returning servicemembers. The provision was set to expire on Dec. 31, 2010. However, the Helping Heroes Keep Their Homes Act extended HERA’s foreclosure protections through Dec. 31, 2012.

The latest law will take effect 180 days after enactment and contains a sunset date of Dec. 31, 2014, at which time the protections will revert to 90 days after release (unless Congress extends them again).

House Committee on Veterans Affairs Summary


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Business Solutions, Compliance News, Strategic Link.