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Fannie Mae Reminds Homeowners and Servicers of Mortgage Assistance Options for Areas Impacted by Projected and Recent Hurricanes Nate, Maria, Irma, and Harvey



WASHINGTON, Oct. 6, 2017 /PRNewswire/ -- In our ongoing efforts to support victims of natural disasters, Fannie Mae (OTC Bulletin Board: FNMA) is reminding those in areas impacted by projected and recent Hurricanes Nate, Maria, Irma, and Harvey of the options available for mortgage assistance.

Homeowners impacted by recent hurricanes are currently eligible to temporarily stop making monthly mortgage payments for three-month intervals (up to 12 months). At the end of this temporary payment break, homeowners:

Under Fannie Mae's existing guidelines and extended relief flexibilities for all hurricanes occurring in the U.S. and its territories on or after August 25, 2017 and through the 2017 hurricane season:

"We want to ensure those in the path of these storms have peace of mind and time to focus on their safety. Fannie Mae and our lending and servicing partners are focused on ensuring assistance is offered to individuals and families in need," said Carlos Perez, Senior Vice President and Chief Credit Officer at Fannie Mae.

Homeowners who have been affected by the storms are encouraged to contact their servicer as soon as possible. Homeowners can access additional information and resources here or by visiting the hurricane relief page on www.MBA.org. In addition, homeowners can reach out to Fannie Mae directly by calling 1-800-2FANNIE (1-800-232-6643). For more information, visit www.knowyouroptions.com/relief or www.fanniemae.com/relief.

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/fanniemae.

SOURCE Fannie Mae


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News published on 6 october 2017 at 13:18 and distributed by: