Most Americans take out a mortgage to buy their first home or upgrade their current one. However, some are prompted by unfortunate circumstances to do so. A natural disaster strikes without warning, which results in both loss of life and property. Those displaced by floods and tornadoes are often overwhelmed by the thought of starting life over. Sensitive to their plight, the Federal Housing Administration has a program that provides financial assistance to such stricken individuals via FHA … [Read more...]