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Under Fannie Mae’s existing guidelines for single-family mortgages and additional guidance specific to Hurricane Irma: Servicers are authorized to suspend or reduce a homeowner’s mortgage payments immediately for up to 90 days without any contact with the homeowner if the servicer believes the homeowner has been affected by a disaster.
In the wake of the damage and disruptions caused in Texas, Florida and other parts of the Deep South by Hurricanes Harvey and Irma, some people are finding it difficult to make their regular mortgage payments. Thankfully, most – if not all – lenders are willing to work with customers affected by.
After devastating the French Riviera in 2013, destroying Dhaka in 2015 and saving Tokyo in 2017, an international asteroid impact simulation ended friday with its latest disaster-New York in ruins..
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Mortgage Help for Homeowners Affected by Natural disasters If you are a homeowner whose home or place of employment has been impacted by a hurricane or by another natural disaster, contact your mortgage company right away to discuss your mortgage relief options.
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Hurricane Harvey Kevin Wack September 7, 2017 As Irma approaches, mortgage industry doubles down on disaster prep Mortgage companies in Florida are bracing themselves for the potential landfall of Hurricane Irma, which has followed close on the heels of Hurricane Harvey.