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Home » Store » News » Mortgage Industry, Agencies Unite in Providing Mortgage Relief to Victims of Terrorist Attacks

Mortgage Industry, Agencies Unite in Providing Mortgage Relief to Victims of Terrorist Attacks

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The Department of Housing and Urban Development and mortgage market participants have announced forbearance measures for thousands of homeowners who were victimized by last week’s terrorist action in New York City, Washington, D.C., and Pennsylvania. Early this week, HUD Secretary Martinez directed FHA lenders to work with borrowers of an estimated $500 million in FHA-insured mortgage loans who were affected by the attacks. Martinez also appealed to all major lenders, including those with portfolios not
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