www.hudclips.org 


U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000

January 7, 1997
 
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
 
MORTGAGEE LETTER 97-1
 
TO:  ALL APPROVED MORTGAGEES
 
SUBJECT:  Single Family Loan Production and Servicing - Special
          Program, Underwriting, and Servicing Policies to Assist
          Victims of Presidentially-Declared Major Disaster Areas
 
     This Mortgagee Letter is to advise you of actions taken by
the Department to assist victims of the Pacific Northwest floods
in Nevada, Idaho and California.
 
     The President's declaration of a major disaster area for
Nevada was signed on January 3, 1997 and covers Douglas, Lyon,
Storey and Washoe counties and the independent city of Carson
City.
 
     The President's declaration of a major disaster area for
Idaho was signed on January 4, 1997 and covers Adams, Boundary,
Bonner, Boise, Clearwater, Elmore, Gem, Idaho, Latah, Payette,
Shoshone, Valley  and Washington counties.
 
     The President's declaration of a major disaster area for
California was signed on January 4, 1997 and covers Alpine,
Amador, Butte, Calavaras, Colusa, Del Norte, El Dorado, Glenn,
Humboldt, Lake, Lassen, Madera, Mendocino, Modoc, Mono, Monterey,
Napa, Nevada, Placar, Plumas, Sacramento, San Benito, San
Joaquin, San Mateo, Santa Cruz, Shasta, Sierra, Siskiyou, Solano,
Sonoma, Stanislaus, Sutter, Tehama, Trinity, Tuolumne, Yolo and
Yuba counties.
                                                       2
 
     The procedures described in HUD Handbooks 4155.1 REV-4, CHG-1 ,
Chapter 2 and 4330.1 REV-5 , Chapter 14 are in effect
immediately and will remain in effect for one year from the date
of the President's declaration.  Any areas added to this
declaration will also be eligible for disaster relief and the
same procedures apply.
 
     If you should have any questions, please contact your local
HUD Office.
 
Sincerely,
 

Nicolas P. Retsinas
Assistant Secretary for Housing-
Federal Housing Commissioner