HUD ML 2012-23 Guidance for Mortgagees in Disaster Areas
Investor Update: On November 16, the U.S. Department of Housing and Urban Development published Mortgagee Letter 2012-23, which provides general guidance to FHA-approved mortgagees with loans in any Presidentially-Declared Major Disaster Areas. Further specific guidance for individual disasters may be communicated as necessary.
Please click here to view the Mortgagee Letter.
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with more than 1,600 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.