HUD: Disaster Assistance for U.S. Virgin Islands Storm Victims Announced
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the U.S. Virgin Islands and provide support to homeowners and low-income renters forced from their homes due to Hurricane Maria. Today, President Trump issued a major disaster declaration for St. Croix Island. The President’s declaration allows HUD to offer foreclosure relief…
HUD: Disaster Assistance Available for Florida Storm Victims
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma. This week, President Trump issued a major disaster declaration for Broward, Charlotte, Clay, Collier, Duval, Flagler, Hillsborough, Lee, Manatee, Miami-Dade, Monroe, Palm…
CFPB: A Financial Toolkit for Victims of Hurricanes Harvey and Irma
When a catastrophe like Hurricane Harvey or Hurricane Irma happens, your world can be turned upside down. During these tough times, it may be difficult to know who to trust and where to look for guidance and assistance, as well as what financial steps to take as you begin recovering. These are a few organizations…
HUD: Survivor Housing a Priority for the Federal and State Recovery Effort after Hurricane Harvey
The federal government continues to focus on the lives and safety of those affected by Hurricane Harvey. While the coordinated response continues, the U.S. Department of Housing and Urban Development (HUD), Federal Emergency Management Agency (FEMA), and other federal, state, local, and tribal partners, are beginning to direct efforts toward recovery, including housing survivors displaced…
CFPB: After Hurricane Harvey, a Financial Toolkit
Once you have addressed your most urgent needs, there are steps to secure your financial obligations after a natural disaster. By Kristin Dohn When a catastrophe like Hurricane Harvey happens, your world can be turned upside down. During these tough times, it may be difficult to know who to trust and where to look for…
HUD: Ginnie Mae Extends Assistance to Harvey-Impacted Issuers
Today Ginnie Mae is highlighting its assistance program to help its Mortgage Backed Security (MBS) Issuers impacted by Hurricane Harvey. “We’ll work with our partners to ensure we get through this together,” said Michael Bright, Ginnie Mae Executive Vice President, Chief Operating Officer and Acting President. “Any Ginnie Mae Issuer in need of assistance should…
OCC: National Banks and Federal Savings Associations Encouraged to Work with Customers Affected by Hurricane Harvey
The Office of the Comptroller of the Currency encourages national banks and federal savings associations to work with customers affected by Hurricane Harvey. OCC Bulletin 2012-28 provides examples of steps national banks and federal savings associations may take to support customers affected by natural disasters. The OCC encourages national banks and federal savings associations to…
HUD: Disaster Assistance for Victims of Hurricane Harvey
Foreclosure protection offered to displaced families U.S. Housing and Urban Development Secretary Ben Carson today announced HUD will speed federal disaster assistance to the State of Texas and provide support to homeowners and low-income renters forced from their homes due to Hurricane Harvey. To date, President Trump issued a disaster declaration for the following counties…
Interagency Guidance: Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Harvey
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and state bank regulators recognize the serious impact of Hurricane Harvey on the customers and operations of many financial institutions and will provide regulatory assistance to affected institutions subject to their supervision. The…
HUD: Additional $179 Million to Help States Recover from 2015 & 2016 Disasters
WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced an additional $178.5 million to help hard-hit areas in several states recover from severe flooding that occurred in 2015 and 2016. The grants announced today are provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR) Program. Combined with CDBG-DR grants…