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When is the SCRA Notice changing?

When will HUD’s SCRA mortgage notice be updated?

We are keeping an eye on this as the current version of the notice expires at the end of 2017. The last time this happened Congress passed a law which affected the notice contents, but before any foreclosures could have happened. Here again, the temporary statutory substitution of "one year" for "90 days" in sections 3953(b) and (c) of the SCRA is currently set to expire at midnight on Dec 31, and this impacts the SCRA form.
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Annual Lending Compliance Recap

First published on 12/17/2017

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