www.hudclips.org 


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

July 18, 1996
 
MORTGAGEE LETTER 96-38
 
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 Hurricane Bertha in the U.S.
Virgin Islands and flooding in Ohio and Vermont.  The President's
declaration of a major disaster area for the U.S. Virgin Islands
was signed July 11, 1996, and covers the islands of St. Croix,
St. John and St. Thomas.
 
     The President's declaration of a major disaster area for
Vermont was signed on June 27, 1996, and covers Windham county.
 
     The President's declaration of a major disaster area for
Ohio was signed on
June 24, 1996, and covers Adams, Belmont, Brown, Gallia,
Hamilton, Jefferson, Meigs, Paulding, Scioto and Williams
counties.
 
     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 have any questions, please contact your local HUD
Office.
 
Sincerely,
 

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