Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma

Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma "As many as 300,000 borrowers could become delinquent on their loans after Hurricane Harvey." "The sheer volume of homes hit by Hurricane Irma will likely cause an increase in mortgage delinquencies as well."

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September 13, 2017 Comments Off on Harvey’s Hit to Mortgages Could Be 4 Times Worse Than Predicted-Then There’s Irma Posted To: MND NewsWire As homeowners in Houston struggle to dry out and rebuild, they may also struggle to make payments on their mortgages.

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Keeping A Close Eye On Hurricane Irma Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma As many as 300,000 borrowers could become delinquent on their loans after Hurricane Harvey, Black Knight Financial Services says. That is four times the original prediction because new disaster zones were designated and more homes flooded.

has been a more successful political tool than a pol- icy tool.. nomic flexibility during and after a disaster can be seen clearly in the Jones. Harvey hit Rockport, Texas, as a Category 4 storm.. hours. irma inflicted the most damage in the carib- bean.. case of Hurricane irma, there was an orderly shut-.