Thursday, October 6, 2005

Hurricane Katrina Assistance

Hurricane Associated Mortgage Relief

Mortgage Payments
Katrina Recovery Project Launched Operation Hope Inc. and the Federal Emergency Management Agency have announced the formation of Project Restore Hope, an economic recovery initiative for Hurricane Katrina victims that includes assistance in deferring mortgage payments.

Reporting Claims
FNF Sets Up Hurricane Hotline Fidelity National Financial Inc., Jacksonville, Fla., has announced that its Fidelity National Property and Casualty Insurance Group Catastrophe Team has established a dedicated, around-the-clock hotline for reporting claims related to Hurricane Katrina.

Mortgage Relief
GSEs Provide Hurricane Relief Fannie Mae and Freddie Mac are providing mortgage relief for borrowers facing hardships related to the massive and widespread damage caused by Hurricane Katrina.

Mortgage Lead Issues
NAMB Pledges $325K to Brokers Hit by Katrina The National Association of Mortgage Brokers has committed $325,000 to the NAMB Hurricane Relief Fund created to assist NAMB mortgage brokers and other members affected by Hurricane Katrina.