How to navigate a Forced Mortgage Payoff by your mortgage lender. When your insurance payout is taken by your lender to payoff your mortgage it's to protect the lender from default, property change of ownership.

By Murray Wennerlund published 5-18-2022 updated 11-3-2022
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Many of us never think to ask our home mortgage lenders if they would force us to pay off our mortgage if our home was destroyed by natural disaster.

By Murray Wennerlund published 5-3-2018 updated 11-3-2022
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NOTE: Highlighted and linked text is to provide additional resources and to bring your attention to select sections that we have covered in previous months here at Truck And Tools .Com. This is HUDs clarification of Public Laws 115-123 and 115-254.

By Murray Wennerlund published 6-16-2019 updated 8-16-2019
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After a disaster you may need housing assistance. You may have had your mortgage broker take your homeowners insurance and paid off your mortgage. You may have found your mortgage company demands a payoff of your mortgage because your homes damage.

By Murray Wennerlund published 9-27-2022 updated 9-27-2022
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Homeowner Mortgage Assistance, a U.S. Taxpayer funded program designed to assist individuals and families impacted financially by the COVID-19 pandemic that are at risk of mortgage loan default and have a federally secured mortgage.

By Murray Wennerlund published 1-13-2022 updated 1-14-2022
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OCD-DRU of Louisiana discussed with HUD hardship requirements. HUD presented the formula to LA OCD-DRU in 2019 and the state did nothing except publish an estimated number of households that they will assist. 200 of the 4,227 will see some assistance.

By Contributor published 5-8-2020 updated 5-8-2020
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Multifamily rental units occupied by non paying renters of no fault of their own for the COVID-19 job loss they are experiencing. I am researching the option to assist landlords with mortgages based on number of units at fair market rates.

By Murray Wennerlund published 9-20-2020 updated 9-20-2020
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Financial hardship means a material reduction in income or material increase in living expenses associated with any federally declared disaster and in this article we will use the coronavirus pandemic as our current federally declared disaster.

By Murray Wennerlund published 8-9-2021 updated 8-10-2021
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HUD Office of Housing Counseling and Foreclosure Avoidance Counseling. Dont wait for the last minute to ask for help.

By Writers Pool published 8-6-2020 updated 8-6-2020
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U.S. Department of Housing and Urban Development HUD Area Median Income Tables

By Murray Wennerlund published 8-3-2021 updated 8-3-2021
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