Keith Anderson Quoted in HousingWire Magazine Regarding the Mortgage Servicing of Military Members

Keith Anderson was quoted in a HousingWire Magazine article, entitled “Hidden Risk: Servicing a Soldier’s Loan.” The article explores compliance with federal laws like the Servicemembers Civil Relief Act, which are designed to protect members of the armed services who are on active duty by granting foreclosure delays and postponing other financial commitments.

“It’s a sensitive topic, and I think when the military borrower comes up, people’s antennas have to be fine-tuned,” said Anderson. “I’ve done my share of reviewing policies and procedures for different lenders. It all has to be on a checklist.” Anderson recommends in-house counsel to ensure compliance with more obscure portions of the SCRA.