Hurricane Sandy Relief Extended in Guide Bulletin 2013-1
January 31, 2013
Thank you for your ongoing work with us to evaluate the most effective solutions for borrowers coping with the hardships created by Hurricane Sandy. Based on these efforts, today we are announcing in Single-Family Seller/Servicer Guide (Guide) Bulletin 2013-1 extended temporary servicing requirements for eligible Hurricane Sandy-impacted mortgages.
Effective immediately, you are required to suspend through April 30, 2013, all
- Foreclosure sales for borrowers whose mortgaged premises or place of employment are located in an eligible disaster area as a result of Hurricane Sandy.
- Eviction closings for borrowers whose mortgaged premises are located in an eligible disaster area as a result of Hurricane Sandy.
As a reminder, Hurricane Sandy eligible disaster areas are published by the Federal Emergency Management Agency (FEMA) and you can identify disaster areas on the FEMA website. New eligible disaster areas are identified as damage assessments and requests for federal assistance are completed.