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| Title: | HUD 05-33: Underwriting and Servicing Policies to Assist Victims of Presidentially-Declared Major Disaster Areas | | Source: | HUD | | Date: | 8/31/2005 |
A Presidential Major Disaster Declaration puts into motion federal recovery programs designed to help victims of hurricanes, earthquakes, floods, tornados, other severe weather or major fires, which the President determines warrants supplemental federal aid. Among federal assistance for victims of these disasters is FHA’s Section 203(h) mortgage insurance program as well as other actions undertaken by HUD following the President’s declaration.
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