Hud emergency homeowner loan program

Again, this does not affect the servicing of your primary first mortgage loan and you should continue to make payments to your regular first mortgage servicer. If you have any questions about your subordinate mortgage loan, you should first contact the FHA Resource Center who will properly route your inquiry.

Central Standard Time. You can currently anticipate a wait time of up to 5 hours. Persons with hearing or speech impairments may reach this number by calling the Federal Relay Service at More information about these disaster resources can be found here. The first new housing property will be a unit apartment building located close to the southwest corner of the Bronx at the intersection of River Avenue and East th street.

The area where the apartment building will stand, is currently a parking lot owned by the New York City Health and Hospitals Corporation. The building will consist of studios, 89 one-bedrooms, 63 two-bedrooms, and 14 three-bedroom units. Community facilities will be located on the ground floor. The second housing property will be at Anthony Avenue in the Claremont neighborhood of the Bronx and will contain 40 units available for low-income homeownership, and 20 one-bedroom, 16 two-bedroom and 4 three-bedroom low-income apartments.

Unless the issue is time-related in some measurable way, how would they know. If they are unemployed, will new employment give them similiar income That said, I welcome any help to today's homeowners in distress. I hadn't heard much on it before reading your post and now I'm off to find additional details.

Thanks again. Can you inform me as to how I can enroll in HUD's new foreclosure-prevention program??? I have not yet seen any info on how homeowners can apply for this program. Can someone tell me where to find this info? Several people have inquired and I'd like to head them in the proper direction.

Under the program, eligible borrowers must: 1 Be at least three months delinquent in their payments and have a reasonable likelihood of being able to resume repayment of their mortgage payments and related housing expenses within two years; 2 Have a mortgage property that is the principal residence of the borrower, and eligible borrowers may not own a second home; 3 Demonstrate a good payment record prior to the event that produced the reduction of income.

This info is from U. Department of the Treasury as sent via email Wednesday, August 11, Regina P. Comments 4 Subscribe to Comments Comment.