To amend the Servicemembers Civil Relief Act to provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures, and for other purposes.

Amends the Servicemembers Civil Relief Act to extend the protections against sale, foreclosure, and seizure of certain real or personal property that are applicable to servicemembers to their surviving spouses who are successors in interest to the property. Applies such protections with respect to service-connected deaths for a period of five years after enactment of this Act.

Requires each lending institution subject to specified requirements for a maximum 6% rate of interest on a servicemember's debts incurred before military service to designate one of its employees as a compliance officer responsible for: (1) ensuring the institution's compliance with such requirements, and (2) distributing information to servicemembers whose obligations and liabilities are covered by such requirements.

Requires such a lending institution that had annual assets for the preceding fiscal year of $10 billion or more to maintain a toll-free telephone number and make it available on its primary Internet website.

Extends from 9 months to 12 months after the end of military service the period of specified protections for servicemembers against mortgage foreclosures. Sunsets such extension on December 31, 2017.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1263 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 1263

   To amend the Servicemembers Civil Relief Act to provide surviving 
  spouses with certain protections relating to mortgages and mortgage 
                             foreclosures.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 30, 2011

  Mr. Filner introduced the following bill; which was referred to the 
                     Committee on Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
   To amend the Servicemembers Civil Relief Act to provide surviving 
  spouses with certain protections relating to mortgages and mortgage 
                             foreclosures.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXPANSION OF PROTECTIONS RELATING TO MORTGAGES AND MORTGAGE 
              FORECLOSURES FOR SURVIVING SPOUSES.

    (a) Protection for Surviving Spouse.--Section 303 of the 
Servicemembers Civil Relief Act (50 U.S.C. App. 533) is amended by 
adding at the end the following new subsection:
    ``(e) Protection for Surviving Spouse.--With respect to a 
servicemember who dies while in military service and whose death is 
service-connected, this section shall apply to the surviving spouse of 
the servicemember if such spouse is the successor in interest to 
property covered under subsection (a).''.
    (b) Effective Date.--Subsection (e) of section 303 of such Act, as 
added by subsection (a), shall apply to a surviving spouse of a 
servicemember whose death is on or after the date of the enactment of 
this Act.
                                 <all>