http://www.mortgagenewsdaily.com/01312013_hurricane_sandy.aspHomeowners whose homes were damaged by the late October super-storm Sandy are getting an extension of the mortgage relief extended immediately after the storm. The Federal Housing Administration (FHA) and Fannie Mae and Freddie Mac (the GSEs) will extendenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/01312013_hurricane_sandy.asp#293909Thu, 31 Jan 2013 20:54:15 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:293909Kathy Natolijust wondering how this works....a family is no longer able to live in a home that was damaged or completely destroyed by the hurricane. Or they are still living in a home that needs repairs. They don&#39;t have the money to repair or are waiting (hoping) to get some help from their insurance or FEMA. Which seems far away. Preforclosure may have started or was going to start. They have a mortgage on a home they can&#39;t pay for, can&#39;t sell due to value decrease, damage or it doesn&#39;t even exist anymore. The bank says they&#39;ll wait to April to foreclose to give them time. Time to do what? It&#39;s not going to get any better anytime soon. Really? seems like just a paper process that means absolutely nothing to the homeowner in this situation. <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=293909" width="1" height="1">