Government Approves New Jersey Emergency Aid For Hurricane – Irene??



Yes you read that right; hurricane Irene. Even as Hurricane Sandy makes its way across the New Jersey coast, the Department of Housing and Urban Development, (HUD), is announcing the approval of a $15 million dollar emergency aid package to help repair the damage caused by Irene.

Freddie Mac and HUD Provide Irene Victims with Mortgage Relief



Homeowners who were affected by Hurricane Irene are to be offered assistance by Freddie Mac, following the massive damage resulting from flooding caused by the storm. Freddie Mac announced that it would offer homeowners impacted by Irene a period of forbearance on their mortgage repayments up to one year, in addition to a 12 month […]

Delays In Home Sales Expected In Hurricane-Hit Areas



Dozens of home sales throughout the east coast of the US have been put on a temporary hold, as a result of the devastation wreaked on the area by Hurricane Irene last week, which caused flooding and damage to properties across eleven states. According to John Walsh of Total Mortgages Services in Connecticut, the problem is that appraisers […]

Homeowners Unlikely To Be Covered For Hurricane Irene Flood Damage



Homeowners along the east coast who are slowly picking up the pieces following the devastation caused by Hurricane Irene at the weekend are bracing themselves for a second deluge – in repair costs. Even though most people have homeowners insurance, those who have suffered damage to their homes resulting from flooding – submerged basements, failed […]

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