Reed’s Bill to Expand Housing Protections for Troops Advances in Senate

WASHINGTON, DC – September 14, 2012 – (RealEstateRama) — U.S. Senator Jack Reed’s plan to help protect the financial well-being of thousands of U.S. troops and their families gained momentum this week when it received bipartisan approval from a key Senate panel. Yesterday, the Senate Committee on Veterans’ Affairs unanimously passed Reed’s legislation to expand mortgage and foreclosure protections for military families as part of the Servicemembers’ Protection Act.