“The banking industry has always been and continues to be strongly committed to providing our nation’s armed forces with the flexibility needed to ensure changes in orders do not jeopardize their financial well-being.
“ABA looks forward to working with federal agencies to help mortgage servicers address situations like permanent change of station orders. Members of the military should understand their options, as well as the importance of communicating with their bank about any necessary relocation.”
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The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $14 trillion banking industry and its two million employees. Learn more at aba.com.