Disaster Relief


Legislation
President Bush Signs Legislation Extending NFIP Borrowing Authority to $18.5 Billion

Army Corps of Engineers
Press Release: Public release of data on New Orleans Levees and Floodwalls

New Orleans Hurricane Protection Projects Data

HUD
Mortgagee Letter 2006-01 : Underwriting Guidance to Accommodate Disaster Victims

Mortgagee Letter 2005-46: Special Authority for Use of Partial Claims and Loan Modifications to Assist Victims of Hurricanes Katrina, Rita and Wilma in Presidentially-Declared Major Disaster Areas in Alabama, Florida, Louisiana, Mississippi and Texas

Mortgagee Letter 2005-45: HUD Extends Foreclosure Moratorium in Recently Presidentially-Declared Disaster Areas

Mortgagee Letter 2005-41 : HUD Updates General Servicing and Preservation and Protection Requirements for Presidentially-Declared Major Disaster Areas in Alabama, Louisiana, Mississippi and Texas

Visit HUD's Homepage, HUD Hurricane Katrina Resource Page 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

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...

Ginnie Mae
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

Veterans Administration:
Circular 26-05-09 : Continued Forbearance On Loans Affected By Hurricanes Katrina And Rita

Circular 26-05-07 : Additional Relief Following Hurricanes Katrina and Rita

Circular 26-05-06 : Eligibility And Underwriting Guidance For Hurricane Katrina And Hurricane Rita Impacted Veterans

Circular 26-05-05 : Additional Relief Following Hurricane Katrina

VA Information regarding Hurricane Katrina

Information for Veterans & Employees Regarding Hurricane Katrina

Rural Housing Service:
Forbearance to Borrowers Affected by Hurricane Katrina

Freddie Mac
Freddie Mac Extends Additional Servicing Relief Measures for Mortgages Affected by Hurricane Katrina and Hurricane Rita

Freddie Mac Extends Relief for Mortgages Affected by Hurricanes Katrina and Rita

Freddie Mac Extends Mortgage Relief For Borrowers Affected By Hurricane Wilma

New Freddie Mac Bulletin Eases Selling Requirements for Mortgages Affected by Hurricane Katrina and Hurricane Rita

Freddie Mac Extends Mortgage Relief To National Guard Engaged In Hurricane Katrina Operations - Reminds Servicers to Provide SCRA Protections to Active Duty Federal Service Personnel

Freddie Mac's MF Division offers 90-days Forbearance to Borrowers Affected by Hurricane Katrina

Freddie Mac Grants Three-month Suspension Of Mortgage Payments For Borrowers Affected By Hurricane Katrina

Freddie Mac's Disaster Relief Policies

Fannie Mae

Fanie Mae Lender Letter (03-05) Hurricane-Related Special Relief Measures

Fannie Mae Addresses Hurricane-Related Mortgage Servicing and Underwriting 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.

Federal Emergency Management Agency
Help After a Disaster: Applicant's Guide to the Individuals & Households Program (FEMA)

FEMA Individual and Public Assistance Announcements & Maps (web site)

Website at www.fema.gov

Internal Revenue Service
New Tax Law Eases Loss Limitations for Katrina Victims

Department of the Treasury Relief Effort Hurricane Katrina Assistance

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 Communications Commisssion
The FCC Sets up Hurricane Katrina Center

Federal Deposit Insurance Corporation
Hurricane Katrina Information Center 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 : Frequently Asked Questions Regarding the Bank Secrecy Act

FIL-89-2005 : Assistance for Displaced Customers

FIL-88-2005 : Social Security Payments and Benefits for Veterans

FIL-87-2005 : Checks Issued by Social Security Administration

Federal Reserve
Press Release encouraging banking organizations to work with borrowers and other customers in communities affected by Hurricane Katrina.

FAQ's regarding Bank Secrecy Act and Hurricane Katrina Victims.

Banking Agencies Waive Appraisal Requirements for Financial Institutions Affected by Recent Hurricanes

Agencies Encourage Insured Depository Institutions to Assist Displaced Customers

National Credit Union Administration

NCUA Efforts in Response to Hurricane Katrina

OTS
OTS Encourages Thrifts to Assist Customers in Areas Affected by Hurricane Katrina

Other Resources
Emergency Insurance Information for Hurricane Katrina Victims