The complaint alleges 17 violations of Massachusetts state law, primarily consumer-protection, foreclosure, and contract claims, as well as two federal claims: one under the Servicemembers Civil Relief Act
and one under the Electronic Signatures in Global and National Commerce Act.
SAN FRANCISCO: Wells Fargo & Company completed the requirements of a September 2016 consent order with the Office of the Comptroller of the Currency (OCC) related to compliance with provisions of the Servicemembers Civil Relief Act
Wells Fargo reports that it has successfully completed the requirements of a September 2016 consent order with the Office of the Comptroller of the Currency related to compliance with provisions of the Servicemembers Civil Relief Act
, or SCRA.
The Servicemembers Civil Relief Act
also provides service members with a range of rights and benefits, from interest rate reductions to eviction protection.
It also touches on the impact of the Servicemembers Civil Relief Act
(SCRA) on military families' tax situations.
For information on obtaining certificates of service or non-service under the Servicemembers Civil Relief Act
(SCRA)(formerly known as Soldiers' and Sailors' Civil Relief Act of 1940), please refer to the Defense Manpower Data Center (DMDC) SCRA website: https://www.dmdc.mil/appj/ scra .
While the bulk of recent Servicemembers Civil Relief Act
enforcement actions--including actions initiated by the California attorney general and DOJ--have concerned banks' collection of credit-card and auto-lending debts, servicers should ensure that their mortgage servicing practices fully comply with the SCRA.
The department contended the credit union violated the Servicemembers Civil Relief Act
because it repossessed a vehicle without a court order after the owner made a deposit or installment payment on the loan before entering military service.
CFPB can enforce 20 consumer financial laws, though that authority does not include enforcement of the Servicemembers Civil Relief Act
. However, the bureau can provide SCRA referrals to the Department of Justice.
(45) A referring attorney must also keep in mind that the civilian attorneys may be unfamiliar with issues such as the Servicemembers Civil Relief Act
(SCRA) or Uniformed Services Employment and Reemployment Rights Act (USERRA), so the referral should include a detailed explanation of these areas of the law.
These reviews found that the companies complied in the vast majority of cases under the Servicemembers Civil Relief Act
(SCRA), as required by the Higher Education Act (HEA).