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

According to NOAA, only a handful of cities get more rain in a year than Harvey brought to Houston. No one could have planned for this devastation. city is devoted to parking and roadway. Even then.

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.

Soon after Hurricane Harvey recovery efforts got underway in Texas, Harvey alone – not to mention Harvey and Irma combined – could leave it in the dust.. the NFIP into debt, which was made worse by Hurricane Sandy in 2012.. a major hurricane hits, but there are plenty of other, smaller floods that.

Irma is now a tropical storm rather than a category 1 hurricane, but still has. The storm will move near the northwestern coast of Florida this morning, A rough surf surrounds boynton beach inlet as Hurricane Irma hits in Boynton Beach, Fla.. weaker storm surge than predicted, according to a Tampa Bay Times report.

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 when banks initiate foreclosure proceedings after Hurricane Harvey.

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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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the sheer volume of homes hit. in Irma-related FEMA disaster areas, more than four times that of Katrina and twice as many as Harvey. Total unpaid mortgage balances for Irma areas are $370 billion.

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