www.hudclips.org 


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

 
SEP 23 1997
 
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
 
MORTGAGEE LETTER 97-42
 
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
          - Minnesota.
 
     This Mortgagee Letter is to advise you of actions taken by
the Department to assist victims of flooding in Minnesota.
 
     The President's declaration of a major disaster area for
Minnesota was signed on August 25, 1997 includes Anoka, Hennepin,
Isanti, Kandiyohi, Ramsey, Sherburne, and Wright counties.
 
     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 yours,
 

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