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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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SCRA § 303 sunset dates extended

The president has signed into law the National Defense Authorization Act for Fiscal Year 2018 (H.R. 2810). Section 557 of the Act extends for two years, until December 31, 2019, the "sunset" on the temporary change of "90 days" in § 303(b) and (c) of the Servicemembers Civil Relief Act (50 U.S.C. § 3953) to "one year." This, of course, means that the wording of the current HUD-SCRA delinquency notice for past-due mortgage payments will remain correct for the next two years, and the current notices can be used past the 12/31/2017 "expiration date." And, of course, servicemembers remain entitled to the protections in § 303 during periods of active duty and for one year thereafter.

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