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, […]

May 10, 2011

MyFoxAL: HUD secretary promises tornado-ravaged communities will be rebuilt

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 […]