source:
  type: guide
  id: hud-4000-1-iii-a-presidentially-declared-major-disaster-areas
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — a. Presidentially-Declared
    Major Disaster Areas (04/29/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part III — a. Presidentially-Declared
    Major Disaster Areas (04/29/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iii-a-presidentially-declared-major-disaster-areas-full
  canonical_id: hud-4000-1-iii-a-presidentially-declared-major-disaster-areas-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part III — a. Presidentially-Declared
    Major Disaster Areas (04/29/2024)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — a. Presidentially-Declared
      Major Disaster Areas (04/29/2024)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'a. Presidentially-Declared Major Disaster Areas (04/29/2024)
      i. Disaster Declarations Under the Robert T. Stafford Disaster Relief and Emergency
      Assistance Act, the President has authority to declare a major disaster for
      any area which has been affected by damage of sufficient severity and magnitude
      to warrant major disaster assistance. Disaster declarations and information
      regarding available federal assistance for each disaster incident are posted
      on the Federal Emergency Management Agency’s (FEMA) website. Whenever the President
      declares a major disaster, the Mortgagee must implement the procedures set forth
      in this section for each designated area that is eligible for federal disaster
      assistance. ii. Moratorium on Foreclosures (A) Standard The Mortgagee must observe
      a moratorium on foreclosures of FHA-insured HECMs secured by Properties located
      in Presidentially-Declared Major Disaster Areas (PDMDA) following the disaster
      declaration. The foreclosure moratorium is: • applicable only if the HECM is
      Due and Payable for reasons other than the death of the last remaining Borrower
      and is not subject to a Deferral Period; • effective for a 90-Day period beginning
      on the date of the disaster declaration for that area (HUD may communicate further
      specific guidance for extension of moratorium periods for individual disasters);
      and • applicable to the initiation of foreclosures and foreclosures already
      in process. During the foreclosure moratorium, Mortgagees are granted an automatic
      90-Day extension for all servicing deadlines, including the deadlines for requesting
      to call a HECM Due and Payable and providing notice to HUD of loans which have
      automatically become Due and Payable. HUD provides the Mortgagee an automatic
      90-Day extension from the date of the moratorium expiration date to commence
      or recommence foreclosure action or evaluate the Borrower for loss mitigation.
      Where foreclosure has not been initiated, the Mortgagee may submit a request
      for an extension to HUD’s foreclosure-related deadlines through Home Equity
      Reverse Mortgage Information Technology (HERMIT) when prohibited from performing
      a required activity due to the foreclosure moratorium. III. SERVICING AND LOSS
      MITIGATION B. Title II Insured Housing Programs Reverse Mortgages'
  judgment: false
