Wildfire damage with a reverse mortgage? Here's what to do
Briefly

"Borrowers should contact their servicer immediately if they are impacted by a natural disaster or if they have evacuated their property. The servicer will evaluate their circumstances to provide direction."
"HUD does not require separate occupancy requirements for natural disaster victims in PDMDA. However, servicers must follow guidance in the Single Family Housing Handbook 4000.1 regarding foreclosure moratoriums."
Read at www.housingwire.com
[
|
]