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#2248886 - 02/08/21 08:37 PM SCRA Search - Foreclosure
Believing... Offline
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Joined: Apr 2012
Posts: 267
In the mountains
We have a foreclosure situation where one owner (spouse) of the property is not on our loan. We do not have the additional info on this individual to perform a SCRA search. We should be searching all property owners prior to foreclosure proceedings, correct?

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Lending to Servicemembers (SCRA, JWNDAA), War, Terrorism
#2249546 - 02/22/21 08:31 PM Re: SCRA Search - Foreclosure Believing...
Andy_Z Online
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Andy_Z
Joined: Oct 2000
Posts: 27,353
On the Net
Yes, you are considering potentially displacing a servicemember from property they own property/home. Some form of verification should be done to mitigate the risks.

In my book, servicemembers are as good as a protected class when it comes to enforcement actions. I suspect during a COVID period foreclosures are harder to do anyway. This is one more issue.
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