www.hudclips.org 


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

 
December 17, 1996
 
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
 
MORTGAGEE LETTER 96-69
 
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 a severe thunderstorms and flooding in
New York.
 
     The President's declaration of a major disaster area was signed
on December 10, 1996 and covers Clinton, Essex, Fulton, Montgomery,
Schuyler and Steuben 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 should have any questions, please contact your local HUD
Office.
 
Sincerely,
 

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