I am not in the military but I can't think of a more egregious act our banksters could do then foreclose or cause a military family to go into bankruptcy because of credit card debt while a family member is serving in the military.
Military personnel probably know they are protected in certain circumstances from foreclosure and they probably already know they can also get a credit card debt interest rate reduction to 6% if the debt occurred before going into the military.
You can learn more at Military dot com benefits legal SCRA overview.
Last year was bizzare for the mortgage market. In the first half of the year, you had a decent number of home sales keeping mortgages for purchases stable, thanks to the home buyer credit. In the second half of the year, that changed as demand crumbled when the credit was withdrawn. At the same time, you had very low mortgage interest rates throughout much of the year cause a mini-refinancing boom. 2011 will look very different, as the housing demand continues to struggle and mortgage interest rates have begun rising.
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