Fannie Mae, Freddie Mac Give Relief to Borrowers Hit by Hurricane Sandy

Date: Oct 30 2012

Filed under: Fannie Mae, Real Estate, Freddie Mac

Freddie MacWASHINGTON, Oct 30 (Reuters) – Fannie Mae and Freddie Mac on Tuesday extended their disaster-relief policies to borrowers whose homes were damaged by Hurricane Sandy.

The aid applies to property owners living in towns and cities along the eastern United States that have been declared disaster areas by President Barack Obama.

Millions of people were left reeling in the aftermath of the super storm that made landfall on Monday and resulted in flooding, wide-spread power outages and deaths.

The…

Fannie Mae, Freddie Mac Give Relief to Borrowers Hit by Hurricane Sandy originally appeared on DailyFinance.com on 2012-10-30T16:05:00Z.

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