Safeguard Properties

Fannie Mae Issues Press Release for Hurricane Ida Assistance Options

Posted on by Safeguard

Investor Update
August 30, 2021

Source: Fannie Mae

WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) is reminding those impacted by Hurricane Ida of available mortgage assistance and disaster relief options. Under Fannie Mae’s guidelines for single-family mortgages impacted by a natural disaster:

• Homeowners may request mortgage assistance by contacting their mortgage servicer following a disaster
• Mortgage servicers are authorized to offer forbearance for up to 90 days – even without establishing contact – if the servicer believes the homeowner was affected by the disaster
• Homeowners affected by a disaster are often eligible to reduce or suspend their mortgage payments for up to 12 months
• During this temporary payment break:

○ Homeowners will not incur late fees
○ Foreclosure and other legal proceedings are suspended

• There are a number of options available to potentially help homeowners catch up on missed payments, including Disaster Payment Deferral

In addition, homeowners currently on a COVID-19-related forbearance plan who are subsequently impacted by the storm should contact their mortgage servicer to discuss options.

Fannie Mae also offers help navigating the broader financial effects of a disaster to homeowners with a Fannie Mae-owned mortgage and renters living in Fannie Mae-financed properties through its Disaster Response Network*, including:

• A needs assessment and personalized recovery plan
• Help requesting financial relief from FEMA, insurance, and other sources
• Web resources and ongoing guidance from experienced disaster relief advisors

Homeowners and renters can call 877-833-1746 to access Fannie Mae’s Disaster Response Network™* or other available resources free of charge.

“We urge everyone in the path of the storm to focus on their safety,” said Cyndi Danko, Vice President, Single-Family Risk Management, Fannie Mae. “Fannie Mae is committed to ensuring assistance is available to homeowners and renters in need and we encourage residents impacted by this storm to seek assistance as soon as possible.”

*Operated by Clearpoint Credit Counseling Solutions, a division of MMI, through its Project Porchlight program

To access full announcement, please click the source link above.

FEMA Declared Disaster Mississippi and Louisiana Hurricane Ida

Posted on by Safeguard

FEMA Alert Update
August 30, 2021

FEMA issued an update to an Emergency Declaration for areas in Mississippi affected by Hurricane Ida that began on August 28, 2021. The following counties have been approved for assistance:

Public Assistance
  • Adams
  • Alcorn
  • Amite
  • Attala
  • Benton
  • Bolivar
  • Calhoun
  • Carroll
  • Chickasaw
  • Choctaw
  • Claiborne
  • Clarke
  • Clay
  • Coahoma
  • Copiah
  • Covington
  • DeSoto
  • Forrest
  • Franklin
  • George
  • Greene
  • Grenada
  • Hancock
  • Harrison
  • Hinds
  • Holmes
  • Humphreys
  • Issaquena
  • Itawamba
  • Jackson
  • Jasper
  • Jefferson
  • Jefferson Davis
  • Davis
  • Jones
  • Kemper
  • Lafayette
  • Lamar
  • Lauderdale
  • Lawrence
  • Leake
  • Lee
  • Leflore
  • Lincoln
  • Lowndes
  • Madison
  • Marion
  • Marshall
  • Mississippi Choctaw Indian Reservation
  • Monroe
  • Montgomery
  • Neshoba
  • Newton
  • Noxubee
  • Oktibbeha
  • Panola
  • Pearl River
  • Perry
  • Pike
  • Pontotoc
  • Prentiss
  • Quitman
  • Rankin
  • Scott
  • Sharkey
  • Simpson
  • Smith
  • Stone
  • Sunflower
  • Tallahatchie
  • Tate
  • Tippah
  • Tishomingo
  • Tunica
  • Union
  • Walthall
  • Warren
  • Washington
  • Wayne
  • Webster
  • Wilkinson
  • Winston
  • Yalobusha
  • Yazoo

FEMA Declared Disaster Mississippi: ZIP Code List

Mississippi Hurricane Ida (EM-3569 Amendment 001)

58 Mississippi Counties Added to Hurricane Ida Emergency Declaration

 

FEMA Alert Update
August 29, 2021

FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Ida that began on August 26, 2021.  All parishes have been approved for public assistance.  The following parishes have been approved for individual assistance:

Individual Assistance
  • Ascension
  • Assumption
  • East Baton Rouge
  • East Feliciana
  • Iberia
  • Iberville
  • Jefferson
  • Lafourche
  • Livingston
  • Orleans
  • Plaquemines
  • Pointe Coupee
  • St. Bernard
  • St. Charles
  • St. Helena
  • St. James
  • St. John the Baptist
  • St. Martin
  • St. Mary
  • St. Tammany
  • Tangipahoa
  • Terrebonne
  • Washington
  • West Baton Rouge
  • West Feliciana

FEMA Declared Disaster Louisiana: ZIP Code List

Louisiana Hurricane Ida (DR-4611)

 

FEMA Alert
August 28, 2021

FEMA issued an Emergency Declaration for areas in Mississippi affected by Hurricane Ida that began on August 28, 2021. The following counties have been approved for assistance:

Public Assistance
  • Adams
  • Amite
  • Covington
  • Forrest
  • Franklin
  • George
  • Greene
  • Hancock
  • Harrison
  • Jackson
  • Jefferson
  • Jefferson Davis
  • Jones
  • Lamar
  • Lawrence
  • Lincoln
  • Marion
  • Mississippi Choctaw Indian Reservation
  • Pearl River
  • Perry
  • Pike
  • Stone
  • Walthall
  • Wayne
  • Wilkinson

Mississippi Hurricane Ida (EM-3569)

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

Hurricane Ida Strengthens to Category 4 Storm

Posted on by Safeguard

Disaster Alert
August 29, 2021

Source: CNN
Additional Resource: NOOA

NOTE: This has not yet been declared a FEMA Disaster.

Hurricane Ida became a Category 4 storm early Sunday morning, rapidly intensifying to sustained winds of 150 mph, according to the National Hurricane Center.

It was 60 miles south of the mouth of the Mississippi River, NHC forecasters said in a 7 a.m. ET update, as the storm continued its march toward Louisiana and the Gulf Coast at 15 mph.

The hurricane has quickly increased in intensity since striking Cuba on Friday, threatening to be an “extremely dangerous major hurricane” when it makes its projected landfall along the Louisiana coast Sunday afternoon.

For full report, please click the source link above.

Supreme Court Allows Evictions to Resume During Pandemic

Posted on by Safeguard

Industry Update
August 26, 2021

Source: Cleveland.com

The Supreme Court is allowing evictions to resume across the United States. The unsigned opinion indicated that the Centers for Disease Control and Prevention lacked the authority under Federal law.

To view full article, please click the source link above.

FEMA Declared Disaster California Wildfires

Posted on by Safeguard

FEMA Alert
August 24, 2021

FEMA issued a Presidential Major Disaster Declaration for areas in California affected by wildfires that began on July 14, 2021. The following counties have been approved for assistance:

Individual/Public Assistance
  • Lassen
  • Nevada
  • Placer
  • Plumas

FEMA Declared Disaster California: ZIP Code List

California Wildfires (DR-4610)

 

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Declared Disaster Tennessee Severe Storm and Flooding

Posted on by Safeguard

FEMA Alert Update
August 25, 2021

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by a severe storm and flooding that took place on August 21, 2021. The following additional county has been approved for assistance:

Public Assistance
  • Hickman

FEMA Declared Disaster Tennessee: ZIP Code List

Tennessee Severe Storm and Flooding (DR-4609 Amendment 2)

 

FEMA Alert Update
August 25, 2021

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by a severe storm and flooding that took place on August 21, 2021. The following additional counties have been approved for assistance:

Individual Assistance
  • Dickson
  • Hickman
  • Houston

FEMA Declared Disaster Tennessee: ZIP Code List

Tennessee Severe Storm and Flooding (DR-4609 Amendment 1)

 

FEMA Alert
August 23, 2021

FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by a severe storm and flooding that took place on August 21, 2021. The following county has been approved for assistance:

Individual/Public Assistance
  • Humphreys

FEMA Declared Disaster Tennessee: ZIP Code List

Tennessee Severe Storm and Flooding (DR-4609)

 

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

Hurricane Henri Causes Flooding in Southern New England

Posted on by Safeguard

Updated 8/23/21: The Weather Channel published an article offering the latest on Hurricane Henri, which caused flooding rains and power outages across parts of the Northeast U.S.

Widespread Power Outages, Flooding Reported After Henri Makes Landfall

Approximate reported areas sustaining structural flooding:

Connecticut

– Groton (New London County, 06340, 06349)

– Manchester (Hartford County, 06040, 06041, 06042, 06045)

New Jersey

– Cranbury (Middlesex County, 08512)

– Helmetta (Middlesex County, 08828)

– Jamesburg (Middlesex County, 08831)

NOTE: This has NOT yet been declared a FEMA Major Disaster.

Updated 8/22/21: FEMA issued an update to an Emergency Declaration for areas in New York affected by Hurricane Henri beginning on August 21, 2021 and continuing.

New York Hurricane Henri (EM-3565 Amendment 1)

Associated County ZIP Code List

Updated 8/22/21: FEMA issued an Emergency Declaration for areas in Vermont affected by Tropical Storm Henri beginning on August 22, 2021 and continuing.

Vermont Tropical Storm Henri (EM-3567)

Associated County ZIP Code List

Updated 8/22/21: FEMA issued an Emergency Declaration for areas in New York affected by Hurricane Henri beginning on August 21, 2021 and continuing.

New York Hurricane Henri (EM-3565)

Associated County ZIP Code List

Updated 8/22/21: FEMA issued an Emergency Declaration for areas in Connecticut affected by Hurricane Henri beginning on August 21, 2021 and continuing.

Connecticut Hurricane Henri (EM-3564)

Associated County ZIP Code List

Updated 8/22/21: FEMA issued an Emergency Declaration for areas in the Mashpee Wampanoag Tribe (Massachusetts) affected by Hurricane Henri beginning on August 20, 2021 and continuing.

Mashpee Wampanoag Tribe Hurricane Henri (EM-3566)

Associated Tribal Area ZIP Code List

Updated 8/21/21: FEMA issued an Emergency Declaration for areas in Rhode Island affected by Hurricane Henri beginning on August 20, 2021 and continuing.

Rhode Island Hurricane Henri (EM-3563)

Associated County ZIP Code List

Updated 8/21/21: Connecticut Governor Ned Lamont issued a state of emergency in anticipation of Hurricane Henri.

Declaration of Civil Preparedness Emergency

Associated County ZIP Code List (Statewide)

Updated 8/20/21: Rhode Island Governor Daniel J. McKee issued a state of emergency in anticipation of Hurricane Henri.

Executive Order 21-88

Associated County ZIP Code List (Statewide)

 

Disaster Alert
August 20, 2021

Source: CNN

NOTE: This has not yet been declared a FEMA Disaster.

(CNN) — The Northeast will see impacts from Tropical Storm Henri, perhaps even landfall, according to the latest guidance from the National Hurricane Center.

A hurricane watch has been issued for parts of Long Island, from Fire Island Inlet on the south shore and Jefferson Harbor on the north shore eastward to Montauk, and from New Haven, Connecticut, eastward to Sagamore Beach, Massachusetts, including Nantucket, Martha’s Vineyard and Block Island, according to the NHC Friday morning.

Tropical storm watches have been issued for west of Fire Island Inlet to East Rockaway Inlet, west of Port Jefferson Harbor New York, and west of New Haven.

A storm surge watch is also issued for parts of Long Island, Connecticut, Rhode Island and Massachusetts.

For full report, please click the source link above.

Pennsylvania Bill Would Require Property Registration, Annual Assessment

Posted on by Safeguard

Legislation Update
August 16, 2021

Source: LegiScan (HB 1791 Information/Full Text)

Sample Bill Text:

Section 2. Section 6141 of Title 53 is amended to read:
§ 6141. [(Reserved).] Vacant property registration and annual assessment.

(a) Authorization.–

(1) A municipality may impose and collect, by ordinance, a vacant property registration fee and a vacant property
annual assessment consistent with this section on properties deemed vacant and on properties deemed vacant blighted properties.

(2) A municipality with a vacant property registration ordinance in place prior to the effective date of this
subsection shall not be required to amend the ordinance to comply with the provisions of this section.

(b) Listing required.–

(1) A municipality that elects to impose and collect a fee and annual assessment under this section shall compile
and maintain a vacant and vacant blighted properties list that identifies by address and owner all vacant and vacant blighted properties in the municipality. Each listing shall contain the date the property was listed and whether the property is a vacant or vacant blighted property.

To view full proposed text, please click the source link above.

Several Dozen Homes Destroyed in Explosive Lake County Fire

Posted on by Safeguard

Disaster Alert
August 18, 2021

Source: SFGATE

Approximate impacted areas:

California

– Clearlake (Lake County, 95422)

NOTE: This has NOT yet been declared a FEMA Major Disaster.

The Cache Fire has blackened about 80 acres in Lake County and is 20% contained, according to a Cal Fire update issued Wednesday evening.

Several dozen homes were destroyed and one civilian injured in a Northern California wildfire that erupted Wednesday afternoon in the southeast area of Clearlake, a small city of 15,000 just north of the Bay Area.

“Hopefully we don’t find any things worse than that,” Lake County Sheriff Brian Martin said in a video update on Facebook at 5:45 p.m.

Martin noted that Highways 29 and 53 have reopened with many streets still closed.

For full report, please click the source link above.

Caldor Fire Experiences Aggressive Growth in Northern California

Posted on by Safeguard

Disaster Alert
August 19, 2021

Source: CNN

Additional Resource:

Office of California Governor Newsom (Governor Newsom Proclaims State of Emergency in El Dorado County Due to Caldor Fire)

Associated County ZIP Code List

 

Approximate impacted areas:

California

– Grizzly Flats (El Dorado County, 95636)
– Omo Ranch (El Dorado County, 95684)
– Pollock Pines (El Dorado County, 95726)
– Somerset (El Dorado County, 95684)

NOTE: This has NOT yet been declared a FEMA Major Disaster.

(CNN) The Caldor Fire burning in California has grown 24 times its size in two days, forcing another 10,000 residents to evacuate.

Fueled by wind and dry conditions, the fire burning in El Dorado County swelled to 62,586 acres Wednesday and is 0% contained, according to Cal Fire. The fire was sparked Saturday and the cause is unknown.

“The unfortunate thing is that these fires continue to get bigger,” Cal Fire Director Thom Porter said Wednesday at a news conference. “But we’re surging resources into communities to protect and reduce the impact.”

The fast-moving fire continued to burn through “several steep drainages with the aid of the large amounts of dry vegetation,” causing even more evacuations, Cal Fire said Wednesday.

For full report, please click the source link above.