The Department of Housing and Urban Development expanded the Presidentially-Declared Major Disaster Area (PDMDA) declaration in Texas to include Burnet, Kendall, Kerr, Kimble, Llano, Mason, McCulloch, Menard, San Saba, Tom Green, Travis, and Williamson counties.
Details were provided in FHA Info 2025-35.
The big picture: For existing HECMs located in these counties, FHA provides mortgagees an automatic 90-day extension from the date of the PDMDA foreclosure moratorium expiration date to commence or recommence a foreclosure action.
Go deeper:
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HECMs that become due and payable for reasons other than the death of the last surviving borrower and eligible non-borrowing spouse are subject to a 90-day extension of HECM foreclosure timelines.
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All properties with pending HECMs must have a damage inspection report that identifies and quantifies any dwelling damage.
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The damage inspection report must be completed by an FHA Roster Appraiser even if the inspection shows no damage to the property, and the report must be dated after the Incident Period (as defined by FEMA) or 14 days from the incident period start date, whichever is earlier.
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If the effective date of the appraisal is on or after the date required above for an inspection, a separate damage inspection report is not necessary.
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All damages, regardless of amount, must be repaired by licensed contractors or per local jurisdictional requirements, and the property must be restored to pre-loss condition with appropriate and applicable documentation.
