Hurricane Katrina Information and Resources for Mortgage Industry Professionals
September 15, 2005
HUD / Ginnie Mae / VA /Rural Housing Service
- Visit: HUD's Homepage or FEMA for the latest Hurricane Katrina Information. For additional information for lenders and housing counselors on disaster areas, please visit HUD's Presdentially declared disaster page. More...
- HUD Establishes Single Toll-free Housing Hotline (1-888-297-8685) To Help Disaster Victims With All Housing Concerns -- Assistance available from 7 a.m. to 8 p.m.CDT, seven days a week
- HUD Mortgagee Letter 2005-33: Underwriting and Servicing Policies to Assist Victims of Presidentially-Declared Major Disaster Areas
- 203(h) Insured Mortgage for Disaster Victims
The Section 203(h) program allows FHA to insure mortgages made by qualified lenders to victims of a major disaster who have lost their homes and are in the process of rebuilding or buying another home. More...
- APM 05-18: Ginnie Mae Warns of a Temporary Delay in Delivery of Security Holder Checks as a Result of Hurricane Katrina
- APM 05-16: Ginnie Mae's Expands Targeted Lending Initiative for Loans in Disaster Areas caused by Hurricane Katrina
- APM 05-15: Forbearance for Loans in Areas Declared a Disaster by President Bush Due to Severe Damage caused by Hurricane Katrina
- VA Information regarding Hurricane Katrina
- Information for Veterans & Employees Regarding Hurricane Katrina
Rural Housing Service:
- Freddie Mac Extends Mortgage Relief to National Guard Engaged in Hurricane Katrina Operations (9/15)
- Freddie Mac's Multifamily Division offers 90-days Forbearance to Borrowers with Apartment Buildings Affected by Hurricane Katrina (9/14)
- Freddie Mac Grants Three-month Suspension Of Mortgage Payments For Borrowers Affected By Hurricane Katrina (9/8)
- Freddie Mac's Disaster Relief Policies
- Fannie Mae and the Fannie Mae Foundation Join Relief Efforts to Help Victims of Hurricane Katrina, August 31, 2005
Fannie Mae and the Fannie Mae Foundation today announced that they are joining relief efforts by providing financial assistance to the victims and families affected by Hurricane Katrina.
- Fannie Mae Announces Mortgage Relief for Hurricane Katrina Victims, August 29, 2005
Lenders will now have more flexibility to handle insurance disbursements in wake of disasters. *last-change*
Federal Emergency Management Agency's
- Website at www.fema.gov.
Internal Revenue Service
- Katrina Victims Will Have Until Jan. 3 2006 to File and Pay Taxes
IR-2005-96, (Updated 09/12/05 to included clarification for Florida residents.) WASHINGTON – Victims of Hurricane Katrina will have until Jan. 3, 2006 to file any returns, pay any taxes or make any deposits due
- IRS Creates Disaster Relief Toll-Free Number
IR-2005-88, Sept. 1, 2005— The Internal Revenue Service announced today the establishment of a special toll-free telephone number for use by taxpayers affected by Hurricane Katrina.
Federal Deposit Insurance Corporation
- FDIC Sets Up Hurricane Katrina Information Center for Consumers and Bankers in the Affected Areas.
- Information for Consumers and Bankers in the Affected Areas
- PR-84-2005 Responding to Hurricane Katrina: FDIC Encourages Banks to Work with Those Hit Hard
- FIL-91-2005 Hurricane Katrina: Frequently Asked Questions Regarding the Bank Secrecy Act
- FIL-89-2005 Hurricane Katrina: Assistance for Displaced Customers
- FIL-88-2005 Hurricane Katrina: Social Security Payments and Benefits for Veterans
- FIL-87-2005 Hurricane Katrina: Checks Issued by Social Security Administration
Joint Agency Release
National Credit Union Administration
Contact ALTA at 202-296-3671 or firstname.lastname@example.org.