Posted To: MND NewsWire

Both Fannie Mae and Freddie Mac (the GSEs) have told their borrowers and mortgage servicers that they are offering immediate relief options to those affected by Hurricane Ida . The assistance is available to homeowners financed by either GSE whose homes or places of employment located in presidentially-declared Major Disaster Areas. These are localities where federal individual-assistance programs are available to affected individuals and households. Those areas are currently on the Gulf Coast, but it appears likely there will be flooding along Ida’s path into other Southern and mid-Atlantic states. On Friday, while forecasts did not fully anticipate the storm’s ultimate strength, CoreLogic, which provides data to the insurance as well as the mortgage industry, sent out the following. “CoreLogic…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Published On: August 30, 2021 / Categories: Mortgage News /

Subscribe To Receive The Latest News

Curabitur ac leo nunc. Vestibulum et mauris vel ante finibus maximus.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Add notice about your Privacy Policy here.