Temporary Foreclosure Relief for NYC borrowers of FHA-insured mortgages
Federal assistance is on the way for distressed NYC homeowners having an FHA-insured mortgage on their homes. The U.S. Department of Housing and Urban Development has granted a 90-day foreclosure moratorium to NYC borrowers of FHA-insured loans as a result of the damage caused by Hurricane Sandy. This means that foreclosure activity involving thousands of…
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