In an effort to expand relief to homeowners impacted by Hurricane Sandy, HUD Secretary Shaun Donovan, who also chairs the Hurricane Sandy Rebuilding Task Force, has announced a series of additional measures to allow families to get back on their feet without having to face the prospect of foreclosure. "As we work to rebuild entire neighborhoods, we can't forget that homeowners need some breathing room as they put their lives back together," said Donovan. "We recognize that families need relief, and by offering expanded forbearance and streamlined loan modifications, FHA is working to provide homeowners with an affordable and permanent mortgage solution."
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