Retired Marine Prevails In SCRA Foreclosure Battle
Disabled US Marine Jacob McGreevey Finally Prevails In 8 Year SCRA Foreclosure Battle With PHH Mortgage
Disabled Marine veteran Jacob McGreevey has finally won his SCRA Foreclosure case against PHH. McGreevey is not only getting justice for himself but for as many as two-dozen other military veterans.
The former Marine fought a long and unsuccessful court battle to prove that creditors illegally seized his Oregon home when he was overseas fighting Al-Qaeda.
He had all but decided to throw in the towel after the 9th Federal Court of Appeals ruled against him in August.
But McGreevey learned Thursday that the Department of Justice in Seattle had determined that PHH Mortgage and Northwest Trustee had illegally foreclosed on at least two-dozen veterans including McGreevey.
Ironically, both companies are now defunct. PHH Mortgage was acquired by Ocwen and Northwest Trustee dissolved.
As part of a settlement, McGreevey could receive as much as $125,000.
Jacob McGreevey was in the Marine Corp and was fighting Al-Qaeda in Iraq on the day he was served with foreclosure. McGreevey returned home after his third tour in Iraq just days before his lender was planning to throw his belongings to the curb. He knew they had violated the Servicemembers Civil Relief Act.
The SCRA prevents lenders from foreclosing on active duty military personnel while they are deployed in a combat zone.
After four tours in combat zones, the battle-hardened McGreevey relished a good fight and he got it. The fight turned into an all-out battle royale that included him, the CFPB and the state of Oregon on one side. PHH Mortgage and the Trump Administration on the other side.
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