09/27/2022 | Press release | Distributed by Public on 09/27/2022 15:42
WASHINGTON, DC - Fannie Mae (FNMA/OTCQB) is reminding homeowners and renters that have been or may be impacted by a natural disaster, including those affected by Hurricane Ian in Florida and other southeastern states, of available mortgage assistance and disaster relief options. Under Fannie Mae's guidelines for single-family mortgages impacted by a natural disaster:
In addition, homeowners currently on a COVID-19-related forbearance plan who were subsequently impacted by a natural disaster may still be eligible for assistance and should contact their mortgage servicer to discuss options.
Fannie Mae also offers help navigating the broader financial effects of a disaster to homeowners and renters through its Disaster Response Network.* The Disaster Response Network's Department of Housing and Urban Development-approved housing counselors are trained disaster-recovery experts who will assess each caller's unique situation and provide:
"We urge everyone who has been or may be impacted by Hurricane Ian to focus on their safety," said Cyndi Danko, Chief Credit Officer, Single-Family, Fannie Mae. "Fannie Mae is committed to ensuring assistance is available to homeowners in need and we encourage them to contact their mortgage servicer to seek relief options and assistance as soon as possible. Additionally, homeowners can learn more and receive personalized support by contacting Fannie Mae's free Disaster Response Network."
Homeowners and renters can call 877-542-9723 to access Fannie Mae's Disaster Response Network™* free of charge or visit KnowYourOptions.com for more information.
*Operated by Money Management International/MMI