Military families don't often have the luxury of deciding when they're going to move. They get their orders, and must pack up and leave, often being forced to sell their home in the process. This makes them much more vulnerable to the fluctuations in the housing market, according to Holly Petraeus.
Petraeus heads up Servicemember Affairs for the Consumer Financial Protection Bureau. She's also been a military wife for 37 years, as the spouse of retired Army general and current CIA Director David Petraeus.
Members of Congress and veterans leaders called for federal action to absolve the debts of nearly 10,000 soldiers in California alone who have been ordered by the Pentagon to repay enlistment bonuses a decade after they signed up to serve in Iraq and Afghanistan.
The state reached a $252,000 settlement with two contractors over the companies' unlawful evictions of 18 military service members and their families from private military housing in San Diego and Orange counties.