FHA foreclosure avoidance options have been expanded and extended.
For the third time since Hurricane María devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration announced it is extending its foreclosure moratorium to borrowers with FHA-insured mortgages.
For the second time since Hurricane María devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration (FHA) announced that the agency is extending its 180-day foreclosure moratorium for FHA-insured homeowners for an additional 60 days due to the extensive damage and continuing needs in these hard-hit territories.
The Federal Housing Administration (FHA) announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by Hurricanes Harvey, Irma and María as well as California wildfires and subsequent flooding and mudslides.
The Santurce apartment complex known as Ciudadela recently got approval from the Federal Housing Administration to finance Phases I & II Buildings, and the completed Towers of Phase III — Towers 600, 700 and 800, developers confirmed.
The Federal Housing Administration (FHA) is extending its initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and María for an additional 90 days due to the extensive damage and continuing needs in hard-hit areas, the agency confirmed.
Refinancing a property is usually an expensive proposition that entails costly appraisals as well as fees that can add up to thousands of dollars, which often hold home owners back from reworking their loans to take advantage of dropping interest rates.
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