Survivors Have Questions About Mortgage Pay Offs

COLUMBIA, MO – June 14, 2011 – (RealEstateRama) — Many disaster survivors may be faced with questions about mortgage payoffs. Some applicants may receive insurance proceeds and their bank or mortgage holder may require the total mortgage be paid in full. This is known as a forced payoff, possibly leaving the applicant with an unmet need or unable to repair their home


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On March 1, 2003, the Federal Emergency Management Agency (FEMA) became part of the U.S. Department of Homeland Security (DHS). The primary mission of the Federal Emergency Management Agency is to reduce the loss of life and property and protect the Nation from all hazards, including natural disasters, acts of terrorism, and other man-made disasters, by leading and supporting the Nation in a risk-based, comprehensive emergency management system of preparedness, protection, response, recovery, and mitigation

Contact:

1 (800) 621-FEMA (3362)

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