Gov't extends federal mortgage relief in wake of Sandy
Updated: Saturday, April 13 2013, 02:43 PM EDT
WASHINGTON, D.C. (NEWSCHANNEL 3) - The government is extending the federal mortgage payment relief up to one year for more than 200,000 homeowners whose houses were damaged by Superstorm Sandy.
A previous mortgage payment extension for federally-backed home loans was set to expire at the end of this month.
About 286,000 homeowners with the Federal Housing Administration were affected by the late October storm.
The extension is meant to help homeowners still struggling to rebuild and avoid foreclosure.