HUD Announces Disaster Assistance for Florida Storm Victims

The U.S. Housing and Urban Development declared an automatic 90-day moratorium on foreclosures of Federal Housing Administration (FHA)-insured home mortgages in the State of Florida to support families forced from their homes due to Hurricane Michael.

President Trump issued a major disaster declaration for Bay, Franklin, Gulf, Taylor, and Wakulla counties. For further assistance, HECM borrowers should call their loan servicer.