Housing And Urban Development Offers Assistance To FHA Borrowers In Ames

Press release from the City of Ames:

June 16, 2021

As hardships from the COVID-19 pandemic continue to be felt across the economy, the U.S. Department of Housing and Urban Development (HUD) is aiding FHA-insured mortgage borrowers. In Iowa, there are more than 2,500 FHA borrowers who are at least 90-days delinquent on their mortgage and in danger of losing their home to foreclosure.

To assist FHA-insured mortgage borrowers with keeping their homes, HUD is providing a COVID-19 mortgage payment relief option to delinquent borrowers. This relief will only be available until June 30, 2021. FHA-insured mortgage borrowers who are having difficulty paying the mortgage due to the pandemic are instructed to contact their mortgage servicer – the entity to which mortgage payments are made. If you are unable to contact your mortgage servicer, contact a HUD-approved housing counseling agency by phone at 800.569.4287 or online at www.hud.gov/housingcounseling

For questions, contact Vanessa Baker-Latimer, Housing Coordinator, at 515.239.5400 or vanessa.bakerlatimer@cityofames.org

This press release was produced by the City of Ames. The views expressed here are the author’s own.