FEMA Fire Management Assistance Declaration – Oklahoma Simpson Fire, Oklahoma Fmag

FEMA Alert
March 31, 2023

FEMA has issued a Fire Management Assistance Declaration for the state of Oklahoma to supplement state, tribal and local response efforts in areas affected by the Simpson Fire beginning March 31, 2023 and continuing.  The following areas have been approved for assistance:

Public Assistance:

  • Logan

 

Oklahoma Simpson Fire, Oklahoma Fmag (FM-5458-OK)

List of Affected Zip Codes

 

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 Fire Management Assistance Declaration – Oklahoma Hefner Fire, Oklahoma Fmag

FEMA Alert
March 31, 2023

FEMA has issued a Fire Management Assistance Declaration for the state of Oklahoma to supplement state, tribal and local response efforts in areas affected by the Hefner Fire beginning March 31, 2023 and continuing.  The following areas have been approved for assistance:

Public Assistance:

  • Oklahoma

 

Oklahoma Hefner Fire, Oklahoma Fmag (FM-5459-OK)

List of Affected Zip Codes

 

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 Fire Management Assistance Declaration – New Mexico Echo Ridge Fire, Nm Fmag

FEMA Alert
April 2, 2023

FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico to supplement state, tribal and local response efforts in areas affected by the Echo Ridge Fire beginning April 2, 2023 and continuing.  The following areas have been approved for assistance:

Public Assistance:

  • Torrance

 

New Mexico Echo Ridge Fire, Nm Fmag (FM-5461-NM)

List of Affected Zip Codes

 

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 Major Disaster Declaration – Arkansas Severe Storms and Tornadoes

FEMA Alert
April 2, 2023

FEMA has issued a Major Disaster Declaration for the state of Arkansas to supplement state, tribal and local recovery efforts in areas affected by severe storms and tornadoes on March 31, 2023.  The following areas have been approved for assistance:

Individual Assistance:

  • Cross
  • Lonoke
  • Pulaski

Public Assistance:

  • Cross
  • Lonoke
  • Pulaski

 

Arkansas Severe Storms and Tornadoes (DR-4698-AR)

President Joseph R. Biden, Jr. Approves Major Disaster Declaration for Arkansas

Map of Affected Areas

List of Affected Zip Codes

 

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

How Ohio is Tackling the Crumbling Homes Left Vacant and Forgotten

Industry Update
March 28, 2023

Source: news5cleveland.com

After nature powered its own slow demolition for years, it only took crews about an hour to tear down a vacant home on West 38th Street, which was the first in what’s expected to be a dozen demolitions across the city.

The demolition comes after the state awarded Ashtabula County Land Bank $609,000 through its still relatively-new Demolition and Site Revitalization Program.

“We had a good inventory of the bad that we were able to come to the table when they said [to] get our list together,” said Ashtabula City Manager Jim Timonere.

The handful of crumbling foundations across Ashtabula only adds up to a small fraction of the nearly 3,700 similar demolition projects approved across 87 of Ohio’s counties through the program.

Timonere pointed out that blighted homes often reduce the property value of neighboring homes, which can make it difficult even in a prosperous housing market.

“I’ve seen the worst of the worst,” Timonere said. “There have been remnants from the 2008 mortgage crisis that we’re still dealing with today.”

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Commissioners Discuss Abandoned Homes, Eyesores

Industry Update
March 25, 2023

Source: dailyadvance.com

If abandoned houses, dilapidated barns and piles of trash, junk and clutter are blurring your vision of bucolic Bertie County, there may be help on the horizon.

The housing dilemma and how to solve it is a top priority for the Bertie County Commissioners as they contend with the challenges of more affordable housing, cleaning up parcels and property that could cause health concerns, while attracting people interested in repairing and living in houses in need of attention.

While housing diversity in Bertie County is a priority for the commissioners, agreeing on what steps to take first may be as much of a challenge.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Bakersfield is Coming for Blighted Lots, in the Name of Housing

Industry Update
March 6, 2023

Source: bakersfield.com

After failing to win bids earlier this month on 16 dilapidated properties deemed a nuisance to residents, the city of Bakersfield is considering option B: How to help out those who did buy them?

It’s a position the city has apparently never found itself in before, because as far as anyone can remember, it has never tried to become so directly involved. But its frustrations are not new.

In recent years, more properties considered derelict and abandoned have festered throughout the city’s urban core, especially in Ward 2.

“Chronic nuisance properties are problematic for a lot of reasons,” Vice Mayor and Ward 2 Councilman Andrae Gonzales said. “They create a negative externality for the whole neighborhood, making it less safe. And we get a lot of complaints from residents.”

These are the homes with boarded-up windows and doors, overgrown yards and collapsed roofs — the kind of properties that have incurred a structure fire or are a regular site for transients.

After five years of neglect, and usually because of unpaid property taxes, the county taxman can assert authority to sell the property and auction it the following year.

Local leaders want those lots dealt with, especially the ones they have watched, year after year, sit on the auction list and go unsold.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Black Knight: Early Stage Mortgage Delinquencies Increased in February

Industry Update
March 27, 2023

Source:  MortgageOrb

Roughly 3.45% of all U.S. mortgages were delinquent in February – an increase of 1.96% compared with January but down 12.56% compared with February 2022, according to Black Knight’s First Look report.

Most of the increase was early stage delinquencies.

As of the end of February roughly 1.81 million mortgages were 30 days or more past due, but not in foreclosure, according to the report. That’s an increase of about 36,000 compared with the previous month but down by about 235,000 compared with a year earlier.

Serious delinquencies (90 days or more past due but not in foreclosure) numbered about 562,000, down about 17,000 compared with the previous month and down by about 383,000 compared with a year earlier.

As of the end of the month there were about 240,000 properties in the foreclosure pre-sale inventory – an increase of 2,000 or 0.81% compared with the previous month and up about 34,000 or 15.8% compared with February 2022.

There were about 29,000 foreclosure starts in February, down about 9.35% compared with January and down about 4.15% compared with February 2022.

The monthly prepayment rate was 0.35%. That’s up 6.23% compared with the previous month but down 71.46% compared with a year earlier. This increase broke a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, Black Knight says.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

FEMA Major Disaster Declaration – Mississippi Severe Storms, Straight-line Winds, and Tornadoes

FEMA Alert
March 26, 2023

***UPDATED 4/3/23***

FEMA has issued a Major Disaster Declaration for the state of Mississippi to supplement state, tribal and local recovery efforts in areas affected by severe storm, straight-line winds, and tornadoes from March 24-25, 2023.  The following areas have been approved for assistance:

Individual Assistance:

  • Carroll
  • Humphreys
  • Monroe
  • Montgomery
  • Panola
  • Sharkey

Public Assistance:

  • Carroll
  • Humphreys
  • Monroe
  • Montgomery
  • Panola
  • Sharkey
  • Washington

 

Mississippi Severe Storms, Straight-line Winds, and Tornadoes (DR-4697-MS)

President Joseph R. Biden, Jr. Approves Major Disaster Declaration for Mississippi

Map of Affected Areas

List of Affected Zip Codes

 

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

Biden Issues Emergency Declaration in Mississippi and Alabama Tornado that Killed Dozens

Disaster Alert
March 26, 2022

Source:  CBS News

President Joe Biden early Sunday issued an emergency declaration for Mississippi, making federal funding available to Carroll, Humphreys, Monroe and Sharkey counties, the areas hardest hit Friday night by a deadly tornado that ripped through the Mississippi Delta, one of the poorest regions of the U.S.

CBS News has confirmed at least 26 people were killed in Mississippi and Alabama as the massive storm ripped through several towns on its hour-long path. Dozens others were injured.

Search and recovery crews on Sunday resumed the daunting task of digging through the debris of flattened and battered homes, commercial buildings and municipal offices after hundreds of people were displaced.

Homeland Security Secretary Alejandro Mayorkas and FEMA Administrator Deanne Criswell are scheduled to travel to Mississippi Sunday to evaluate the damage.

At Least 26 Dead After Devastating Tornadoes Tear Through Mississippi

FEMA Coordinating Officer John Boyle has been appointed to oversee federal recovery operations. Following Biden’s declaration, federal funding can be used for recovery efforts including temporary housing, home repairs, loans covering uninsured property losses and other individual and business programs, the White House said in a statement.

The twister flattened entire blocks, obliterated houses, ripped a steeple off a church and toppled a municipal water tower. Even with recovery just starting, the National Weather Service warned of a risk of more severe weather Sunday — including high winds, large hail and possible tornadoes — in eastern Louisiana, south central Mississippi and south central Alabama.

Dangerous tornado outbreak heads to the South: Latest forecast - neweu

For full report, please click the source links above.