HUD Region 10 Public Affairs Drive by a hospital and you may not think much about it. In between now and then, there may not seem much reason to give the hospital a second thought. Until, of course, you need one. Even in the 21st century, lots of people live in towns that don’t have [...]
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If you’re unemployed and having trouble making payments on your FHA-insured mortgage, more help is on the way! The Federal Housing Administration (FHA) already requires its lenders to go the extra mile in helping un- or underemployed borrowers who are at least three months behind in their mortgage. Now, FHA is providing additional breathing room [...]
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In the wake of disaster, the last thing you should be thinking about is a pending foreclosure. The Federal Housing Administration (FHA) is reminding all of its mortgage lenders that a 90-day freeze on foreclosures automatically goes into effect on FHA-insured homes in Presidentially Declared Disaster Areas. President Obama has declared certain counties in Alabama, [...]
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Secretary Donovan on Monday toured Tuscaloosa and Birmingham, surveying the damage wrought by tornadoes that ripped through the South late last month. He encouraged those displaced by the storms to register with FEMA to determine eligibility for federal assistance and pledged that HUD resources would stay put in Alabama until the ravaged community is rebuilt better [...]
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Last week, I traveled to Alabama and Mississippi with Secretary Napolitano, Secretary Vilsack, FEMA Administrator Fugate and SBA Administrator Karen Mills to view the damage left by the storms, assess the initial recovery already underway as well as meet with families who are picking up the pieces of their home.
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