Government suspending some foreclosures in Northeast because of Sandy | Reduction

Government suspending some foreclosures in Northeast because of Sandy

U.S. President Barack Obama and First Lady Michelle Obama With World Leaders at the Metropolitan Museum in New York by U.S. Department of State
License (according to Flickr): United States Government Work

Excerpt:

The Federal Housing Administration has already suspended foreclosures in New Jersey, New York and Connecticut. The FHA, which is part of the Department of Housing and Urban Development, insures home loans for low - and middle-income borrowers
. HUD revealed Monday that the moratorium additionally will apply to homeowners in Rhode Island affected by the storm. President Barack Obama released a disaster declaration Saturday for Bristol, Newport and Washington counties in the state.

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President Barack Obama

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Organization: Federal Housing Administration

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Organization: HUD

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Site Header Info

Source Site: Source

Webpage Provided Desc:

Federal Housing Administration is issuing 90-day moratoriums to states affected by superstorm Sandy

Webpage Provided Keywords:

• Connecticut
• department of housing and urban development
• federal housing administration
• foreclosure
• housing
• New Jersey
• New York
• rhode island
• suspension

Webpage Provided Title:

Government suspending some foreclosures in Northeast because of Sandy

Data Sources

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