ABSTRACT

Underwriting and Servicing Policies to Assist Victims of Presidentially-Declared Major Disaster Areas   [open pdf - 25KB]

The Office of Housing published, on August 31, 2005, a mortgagee letter reminding lenders of the 203(h) disaster program and encouraging servicers to delay foreclosure in counties declared federal disaster areas and to consider hurricane damage in the context of any requests for loss mitigation assistance.

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