Disaster Relief

New California wildfire homeowner assistance program includes reverse mortgages

California, Celink, Disaster Relief, HECM, HWmember, Los Angeles, Reverse, Reverse Loans Now, Wildfire / Ricky Vasquez

As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost. California Gov. Gavin Newsom (D) on Thursday announced that the CalAssist Mortgage Fund will launch on […]

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California wildfire recovery event sought to offer guidance to reverse mortgage borrowers

California, Disaster Relief, HECM, HWmember, Reverse, Wildfire / Ricky Vasquez

For communities engulfed in the wildfires that took place earlier this year in the Los Angeles area, lives have been upended and additional strain has been placed on an already-stressed housing system in Southern California. But for wildfire victims who are also reverse mortgage borrowers, they may encounter problems stemming from a major disaster interacting

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FEMA rescinds strategic agency plan ahead of hurricane season

Disaster Relief, FEMA, Housing Market, Hurricane, HWmember, Natural Disaster, Politics / Ricky Vasquez

Hurricane season is set to commence on June 1, but the Federal Emergency Management Agency (FEMA) — which has been experiencing organizational challenges for the past several weeks — has reportedly rescinded its guiding plan for agency objectives and priorities, according to multiple FEMA employees and a memo obtained by news outlet Wired. On Wednesday,

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HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

Disaster Relief, Government Lending, Housing Market, HUD, Hurricane, HWmember, Natural Disaster, North Carolina, Politics / Ricky Vasquez

After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required

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FEMA isn’t prepared for hurricane season, acting director concedes

Disaster Relief, FEMA, Housing Market, Hurricane, HWmember, Natural Disaster, Trump administration / Ricky Vasquez

Following a dramatic turn of events at the Federal Emergency Management Agency (FEMA) last week, the newly-installed acting leader acknowledged that the agency does not have a disaster response plan even though hurricane season is jus two weeks away. Former acting FEMA chief Cameron Hamilton initially raised eyebrows when he was chosen to lead the

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New California wildfire homeowner assistance program includes reverse mortgages

California wildfire recovery event sought to offer guidance to reverse mortgage borrowers

FEMA rescinds strategic agency plan ahead of hurricane season

HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

FEMA isn’t prepared for hurricane season, acting director concedes

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