No. 8: ‘FEMA to Sandy victims: Don’t take no for an answer’
Number eight on our Top-10 most popular articles of 2012 is “FEMA to Sandy victims: Don’t take no for an answer.”
Publish date: Nov. 27, 2012
Written by Marcie Geffner
FEMA to Sandy victims: ‘Don’t settle for no’
The Federal Emergency Management Agency (FEMA) has an important message for homeowners who’ve suffered losses due to super-storm Sandy and who have been told they’re not eligible for assistance: don’t take no for an answer.
Often, that initial “no” isn’t the last word from the U.S. government disaster-aid agency. Instead, FEMA is urging victims not to miss out on help just because a document or signature is missing from their application. Read the rest of this entry »
Hurricane Sandy affects housing on a national level
Hurricane Sandy is hardly making national headline anymore, even though this destructive weather event took place less than two weeks ago.
While the full cost of repairs and replacements is currently unknown, early estimates claimed that the storm would cause $10 billion or $20 billion in damages. Those estimates are plainly understated. Hurricane Sandy’s damage is so enormous that it will impact the entire national economy. Read the rest of this entry »
Mortgage rates decline after Hurricane Sandy
Below is an excerpt from the latest Market Trends newsletter. Sign up and receive it in your inbox Friday evening:
Hurricane Sandy invaded the eastern seaboard last week, causing unprecedented damage in New Jersey, New York and states up and down the coast. Millions remain without power or basic services, and finding fuel and staying warm even a week later remains a challenge for many. Simply getting to and from anywhere without delay or detour is nearly impossible. Financial markets closed early in advance of the storm and for a time afterward and things remain far from normal in New York City, the financial capital of the United States.
Couple this event with a presidential election just a day away, and it’s fair to say that a small move in mortgage rates probably isn’t at the top of anyone’s mind. Read the rest of this entry »
Fannie, Freddie offer mortgage relief to Hurricane Sandy’s victims
In the wake of Hurricane Sandy, Fannie Mae and Freddie Mac have reached out to their servicers, urging them to adopt mortgage-relief policies for homeowners severely impacted by Hurricane Sandy.
How will Hurricane Sandy affect your home insurance?
Hurricane Sandy hit the East Coast yesterday bringing tidal surges, high winds, rain, and even snow to much of the Northeast. For homeowners, that means floods, power outages, splintered trees and structural damage.
Read: Fannie, Freddie offer mortgage relief to Hurricane Sandy’s victims
