August 18, 2023

HUD: Federal Housing Agencies Issue Reminder of Mortgage Assistance for Those Impacted by the Maui Wildfires

Today, Federal Housing Agencies – Government National Mortgage Association (Ginnie Mae), Federal Housing Administration (FHA), Federal Housing Finance Agency (FHFA), United States Department of Agriculture (USDA), and United States Department of Veterans Affairs (Veterans Affairs) – issued the following joint statement pledging their offices’ ongoing support for Hawaiian residents affected by the devastating wildfires on the Hawaiian island of Maui.

Joint Statement from Ginnie Mae, Federal Housing Administration, Federal Housing Finance Agency (Fannie Mae and Freddie Mac), USDA, and Department of Veterans Affairs:

“We stand in solidarity with the people of Maui and offer our deepest condolences and sympathies to those who have lost loved ones, homes, businesses, and communities to these devastating fires. As fire suppression and search and rescue efforts continue, federal housing agencies are engaging with state officials and local partners, and in interagency efforts, to monitor the impact to households and the housing sector and ensure awareness of available disaster assistance for homeowners. We are committed to providing homeowners flexibilities and assistance so they feel the security of knowing they will have the option to return and rebuild when it is safe to do so. This community will need all the support it can get, including federal aid and private sector involvement. FHFA through Fannie Mae and Freddie Mac, Department of Veterans Affairs, USDA, Ginnie Mae and FHA have tools to help lenders, servicers, and issuers meet the needs of homeowners in this difficult time. Additionally, USDA and HUD are working to provide assistance and resources to tenants who have been displaced in federally assisted multifamily rental homes, as well as impacted owners and operators.”

Homeowners and Renters

FHA-Approved Mortgage Servicers Doing Business in Maui County:

FHA-approved Mortgage Lenders Doing Business in Maui County

For Ginnie Mae Issuers:

Fannie Mae and Freddie Mac Backed Mortgages:

FHFA, through Fannie Mae and Freddie Mac, has existing guidelines for single-family mortgages impacted by a natural disaster:

United States Department of Agriculture (USDA) Rural Housing Service:

This post was originally published here.