Pursuant to the numerous recent FEMA declarations of disaster areas following several hurricanes, HUD has issued Mortgagee Letter 2004-38 outlining Servicing Policies to Assist Victims of Presidentially-Declared Disasters.  This letter is issued to remind mortgagees to be sensitive to the problems of mortgagors who have been affected by any Presidentially-declared disaster. A link to the entire Mortgagee Letter appears below.

Mortgagee Letter 2004-38

To review HUD's Declared Disaster Area Moratorium on Foreclosure, please link on HUD Moratorium on Foreclosure.

You may also be interested in a recent HUD news item offering hurricane victims advice and guidance about how to address mold and moisture problems in the home.  A link to the item as posted on the HUD web site appears below.

CONSUMER GUIDANCE ON HOW TO CLEAN UP AND PREVENT MOLD

To view additional All Client Alerts, please click on http://www.safeguardproperties.com/news