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 when banks initiate foreclosure proceedings after Hurricane Harvey.

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Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma As if Hurricane Harvey wasn’t enough of a hit for mortgage holders, Irma might mean four times as many homeowners will be affected by weather in the southeast.

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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.

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."

Mortgage rates and refinance rates Highlighting a New York Times report that. Zillow Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma Lies And Real.

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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.

Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma. the sheer volume of homes hit by Hurricane Irma will likely cause an increase in mortgage delinquencies, but the comparison with Katrina does not work because of the different natures of the storms.

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