FHA REMINDS LENDERS TO SPEED INSURANCE PAYMENTS FOR BORROWERS

WASHINGTON, DC – September 21, 2012 – (RealEstateRama) — In the wake of Hurricane Isaac in Louisiana and Mississippi last month, the Federal Housing Administration (FHA) is reminding its approved lenders to quickly release hazard insurance payments so struggling families can rebuild their homes.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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