Archives For: disaster
Joe Iafigliola Talks Disaster Response for Mortgage Servicers
The July cover story of DS News discussed best disaster-planning practices for homeowners and the mortgage servicing industry. Featured are comments from Safeguard Properties CFO Joe Iafigliola.
6 Jul 2021
HUD: More Measures to Help Homeowners Struggling Due to COVID-19
The U.S. Department of Housing and Urban Development (HUD) extended its foreclosure and eviction moratoria for all FHA-insured single family mortgages (except vacant or abandoned properties) through July 31, 2021.
25 Jun 2021
FHA: Foreclosure and Eviction Moratorium Extension
The Federal Housing Administration (FHA) announced that it is extending its foreclosure and eviction moratorium for single family FHA-insured mortgages for an additional two months, through February 28, 2021.
21 Dec 2020
Freddie Mac: Disaster Relief Options for Homeowners as Hurricane Delta Nears
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Delta approaches.
8 Oct 2020
HUD: Disaster Assistance for Victims of Oregon Wildfires
The U.S. Department of Veterans Affairs (VA) announced federal disaster assistance for the State of Oregon to provide support to homeowners and low-income renters displaced from their homes in areas affected by wildfires and straight-line winds.
17 Sep 2020
USDA: Servicing Relief for Borrowers Impacted by Presidentially Declared Disaster Areas During the COVID-19 Pandemic
The U.S. Department of Agriculture (USDA) issued a release announcing relief measures for holders and/or loan servicers of USDA Sigle Family Housing Guaranteed Loan Program mortgages and providing guidance on assisting borrowers affected by a Presidentially Declared Disaster area during the COVID-19 pandemic.
8 Sep 2020
HUD: Mortgagee Letter 2020-27: Extension of Foreclosure and Eviction Moratorium
The U.S Department of Housing and Urban Development (HUD) announced an extension to a foreclosure and eviction moratorium for borrowers with FHA-insured single-family mortgages covered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act for an additional period through December 31, 2020.
27 Aug 2020
Fannie Mae Lender Letter LL-2020-11: Disaster Payment Deferral
Fannie Mae announced that LL-2020-11 has been revised to clarify the intent of certain requirements in response to servicer inquiries. Additionally, an update has been made on the authority to offer an initial forbearance plan of up to three months without achieving quality right party contact in certain circumstances in connection with a disaster event.
27 Aug 2020
HUD: California Wildfire Disaster Assistance Announced
The U.S. Department of Housing and Urban Development (HUD) announced that it will deliver federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes in areas affected by wildfires.
25 Aug 2020
Magnitude 4.8 Earthquake Hits Puerto Rico
FEMA issued a briefing outlining earthquake activity in Puerto Rico that has generated at least 42 aftershocks since initially occurring.
29 Jun 2020