Military servicemembers victimized by unfair mortgage practices in Sierra Madre CA could see reimbursements and refinancing costs cut in half under plans outlined by President Barack Obama. Under the plan, Federal officials will review thousands of military mortgages started since 2006 for any irregularities. Troops or families in Sierra Madre CA who were illegally foreclosed upon would receive at least $116,000, plus thousands more in punitive payments from the banks. Military homeowners in Sierra Madre CA will not have to apply to be eligible for the payouts or new programs. However, Active or Retired Military in Sierra Madre CA who believe they may be eligible can receive a free consultation for more information. Act NOW!! Military Mortgage Interest Rates in Sierra Madre CA are at record lows!