www.hudclips.org 


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

June 14, 1995
 
MORTGAGEE LETTER 95-28
 
TO:  ALL APPROVED MORTGAGEES
 
SPECIAL ATTENTION:  Mortgage Lenders Serving Southern California
 
SUBJECT:  Single Family Loan Production - Additional Aid to
          Victims of the Los Angeles Earthquake
 
      In Mortgagee Letter 94-10, the Department informed lenders
of the provisions in the Emergency Supplemental Appropriations
Act of 1994 which was signed into law on February 12, 1994.  The
additional measures, such as the increase in mortgage limits for
Section 203(h) and Section 203(k) and the eligibility of
condominiums under Section 203(h), are available for 18 months
from the date of the President's declaration and were initially
going to expire July 17, 1995 for Los Angeles County and July 19,
1995 for Orange and Ventura Counties.  However, the Department
has determined that these provisions are available to victims of
the earthquake until August 12, 1995.  Mortgage insurance
applications (HUD-92900-A, the Addendum to URLA) must be signed
on or before August 12, 1995 to be eligible.
 
      If you should have any questions regarding this Mortgagee
Letter, please contact your local HUD office.
 
Sincerely,
 

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