March 8, 2017 (STLRealEstate.News) It’s no secret our country could make astronomical improvements in the amount of veteran care, benefit access, and support in our system. As such, of the thousands of complaints received by the Consumer Financial Protection Bureau (CFPB), files regarding debt collections from the military community numbered twice the rate of the general population. Even though not only the Fair Debt Collection Practices Act, but also the Servicemembers Civil Relief Act covers veterans, the political pandering isn’t doing enough to make a difference in their difficult lives. The CFPB has fielded nearly 20,000 complaints from servicemembers.
Here is a breakdown at what national real estate entities are doing to say thank you to our servicemen and women.
- Barbara Mills, a RE/MAX Realty One agent in Irverness, Florida, arranges for hundreds of small parties to greet individual soldiers returning home from the Middle East. Additionally, she organizes a larger event every year and gifts each servicemember a basket valued at $450.
- PulteGroup’s Built to Honor program gives new homes to wounded veterans and their families across the country. Recently, Army Sgt. Matthew White and his two dogs received keys to a mortgage-free, fully furnished home in Dumfries, Virginia.
- Bank of America has donated more than 2,000 abandoned and foreclosed houses to nonprofits like HomeStrong USA and the Military Warriors Support Foundation. The bank also has thousands of employees that volunteer hundreds of hours to help put the houses into move-in condition, including stocking the pantries with canned goods. The bank ensures its partnering nonprofits do a thorough vetting job to ensure the new residents are able to handle the pressures of home ownership.
Know of a real estate entity helping veterans out there? Write about it and submit it! The national coverage could help their project expand that much further.