Housing Protections
Mortgage Protection
50 U.S.C. § 3953
Definition
The protection of the 6% interest rate cap and foreclosure prohibition for mortgages incurred before military service. Servicemembers are protected during service and for 12 months after service ends.
Legal Reference
This term is defined in 50 U.S.C. § 3953 of the Servicemembers Civil Relief Act.