www.hudclips.org 


U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000

September 13, 1996
 
MORTGAGEE LETTER 96-51
 
TO:  ALL APPROVED MORTGAGEES
 
SUBJECT:  Single Family Loan Production and Servicing - Special
          Program, Underwriting, and Servicing Policies to Assist
          Victims of Presidentially-Declared Major Disaster Areas
 
     This Mortgagee Letter is to advise you of actions taken by
the Department to assist victims of Hurricane Fran in thirty-
three additional North Carolina counties, and victims of
Hurricane Hortense on the island of Puerto Rico.
 
     The President's declaration of a major disaster area for
North Carolina was signed on September 6, 1996.   On September 8,
1996, Alamance, Carteret, Chatham, Craven, Durham, Edgecombe,
Franklin, Granville, Greene, Harnett, Hoke, Johnston, Jones, Lee,
Lenoir, Nash, Orange, Pamlico, Person, Vance, Wake, Warren, Wayne
and Wilson counties were added to this declaration.   On
September 10, 1996, Beaufort, Bertie, Guilford, Halifax,
Henderson, Moore, Polk, Richmond and Rutherford counties were
also added to the declaration.
 
     The President's declaration of a major disaster area for
Puerto Rico was signed on September 12, 1996 and covers the
entire island.
 
     The procedures described in HUD Handbooks 4155.1 REV-4, CHG-
1, Chapter 2 and 4330.1 REV-5, Chapter 14 are in effect
immediately and will remain in effect for one year from the date
of the President's declaration.  Any areas added to this
declaration will also be eligible for disaster relief and the
same procedures apply.
     If you have any questions, please contact your local HUD
Office.
 
Sincerely,
 

Nicolas P. Retsinas
Assistant Secretary for Housing-
Federal Housing Commissioner