Foreclosure Help for West Virginia Storm Victims
The Department of Housing and Urban Development (HUD) announced on July 30th a series of measures intended to ease the burden of those impacted by the severe storms and flooding that left a trail of destruction in the state of West Virginia last month.
Affected homeowners in Mason and Roane counties, with loans backed by the Federal Housing Administration, will be granted a 90-day forbearance period on all foreclosure proceedings. This moratorium is undoubtedly a much-needed reprieve for homeowners who, during trying times such as these, are understandably desperate for assistance and relief.
Additionally, HPF reminds storm victims who believe they are at risk of foreclosure to call our HOPE Hotline at 888-995-HOPE (4673). Our housing counselors can answer borrowers’ questions and help determine the mortgage options that may be available to them based on their specific circumstance.
Also: to learn about a special credit scoring provision for victims of natural disasters, please click here.