Industry News

HUD seeks to prevent real estate foreclosures in disaster areas

Action applies to FHA-insured properties
Published on Nov 23, 2005

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by CareyBot

U.S. Housing and Urban Development Secretary Alphonso Jackson today announced that he is instructing U.S. Federal Housing Administration-approved lenders to provide additional foreclosure relief to FHA-insured families who live or work in areas hardest hit by Hurricane Katrina and Rita. ...