KAILUA [March 6, 2012] - Today, Iraq war veteran and candidate for Congress Tulsi Gabbard issued the following statement in support of President Obama's recently announced mortgage relief program for veterans.

"I wholeheartedly support President Obama's effort to ensure that those who served our country overseas are protected against predatory lending practices here at home.

Serving in a war zone requires intense focus. Our men and women in uniform shouldn't have to worry that while they are fighting abroad,  their families are fighting to keep their houses here at home." Under the plan announced today, Federal authorities will review thousands of military mortgages to look for irregularities. In cases where service members were illegally foreclosed on or illegally charged more than 6 percent interest, those service members will receive compensation from a fund established as part of a settlement between major U.S. banks, the Obama Administration and state Attorneys General.

"I am pleased the Obama Administration is taking steps to fix the damage done to service members by predatory lenders and irresponsible banks. At the same time, I believe more vigilance in Congress could have prevented many of the problems we are working so hard to correct. Veterans, service members, and all Hawai'i residents deserve a Representative who reports to them, not Wall Street.

"As a member of Congress, I'll work every day to protect the homes and investments of our service members and veterans, and fight for a brighter future for all of Hawai'i."

The Huffington Post published an editorial by Tulsi Gabbard in February on the mortgage issues facing veterans and current service members.

As a member of the Hawai'i National Guard, Tulsi Gabbard served two tours of duty in the Middle East.  She was awarded the Meritorious Service Medal for her service and currently serves as a Captain.
A Democrat, Tulsi was the youngest woman in America ever elected to a state legislature when in 2002 at the age of 21 she won a Hawai'i State House seat.  Two years later, Tulsi sacrificed her position in the legislature to voluntarily join her fellow soldiers being deployed to a war zone in Iraq.  Between her two deployments to the Middle East, Tulsi served as an aide to Senator Daniel Akaka in the U.S. Senate.  In 2010, she was elected to the Honolulu City Council where she chairs the Safety, Economic Development, and Government Affairs committee.  Gabbard is a candidate for Hawai`i's second congressional district encompassing rural Oahu and the Neighbor Islands.  Learn more about Tulsi at www.votetulsi.com.