May 11, 2011

Special mortgage relief for FHA borrowers in disaster areas

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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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