m2796 BC-MN-Coleman-VeteransH 04-03 0109
Senate bill includes housing relief for veterans
EDS: APNewsNow. May be led.
WASHINGTON (AP) — A bipartisan housing bill before the U.S. Senate includes a provision by Senator Norm Coleman aimed at helping returning veterans avoid foreclosure.
Under current law, veterans have three months to work out mortgage problems upon their return. The Coleman provision would triple that to nine months.
The Senate is expected to debate the bill today.
The Minnesota Repubican says that people shouldn’t face the loss of their homes because of their military service.