A recent Fannie Mae press release explains changes to FNMA's natural disaster policy to extend additional aid to Florida homeowners affected by the recent hurricanes.

The change allows mortgage servicer to quickly release up to $20,000 in insurance funds to borrowers who have a contractor's estimate, have a good payment record, and are current on their loan.

Please use the link below to read the press release on the FannieMae web site.

Fannie Mae Amends Natural Disaster Policy   

FNMA also announced mortgage relief for hurricane victims in Florida, Alabama, and Mississippi.  Links to each of those press releases appear below.

Fannie Mae Announces Mortgage Relief for Hurricane Ivan Victims in Florida

Fannie Mae Announces Mortgage Relief for Hurricane Ivan Victims in Alabama

Fannie Mae Announces Mortgage Relief for Hurricane Ivan Victims in Mississippi

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