The Trump administration is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which was devised to protect military service members and their families from financial fraud, predatory loans and credit card gouging, according to internal agency documents. If an active duty member of the military falls for a deceptive timeshare sales presentation, the aftereffects can include the loss of his or her security clearance.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *