Past-due mortgages increase after Harvey and Irma

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The usual seasonal effect on 30-day past due mortgages was felt in December with a 124,000-loan increase in non-disaster areas which were offset by a 35,000 decline in the storm sites. However serous.

But factor in those areas hit by Hurricanes Harvey and Irma and the. The usual seasonal effect on 30-day past due mortgages was felt in December with a 124,000-loan increase in non-disaster.

Black Knight’s First Look at September 2017 Mortgage data: hurricanes irma and Harvey Drive Surge in Past-Due Mortgages Nationally, the number of non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), driven primarily by fallout from Hurricanes Harvey and Irma

Real Estate Weekly: Storms Will Disrupt National Real Estate Markets. designated harvey disaster areas could become past-due over the next few months. Post-Katrina, delinquencies spiked in.

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From Black Knight: Black Knight’s First Look at September 2017 Mortgage Data: Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages Nationally, the number of non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), driven primarily by fallout from Hurricanes Harvey and Irma

After dropping sharply in the prior month, improvement in the national delinquency rate slowed in February. Black Knight said there was only a 0.21 percent month-over-month decline in the rate of.

Nationally, economic growth remained strong despite Harvey and the more recent Hurricane Irma in. that to increase. harmony public Schools, Texas’ largest charter school network, reopened its 19.

Mortgage lending grows riskier in Texas, Florida after hurricanes. Harvey and Irma hit, mortgage risk in Florida and Texas was decreasing, however the storms cause the trend to reverse course.

Past-due mortgages increase after Harvey and Irma. by Alison McAvoy October 26, 2017. Following the aftermath of Hurricanes Harvey and Irma, the amount of non-current mortgages and mortgage delinquencies in Texas and Florida have risen significantly since this past September.

The fall hurricanes pushed up the mortgage delinquency rate to 5.17% of all mortgages in the fourth quarter of 2017, an increase of 29 basis points. as homeowners affected by Hurricanes Harvey,

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During November, about 5.1% of all U.S. mortgages were in some stage of delinquency, or 30 days or more past due including those in foreclosure. “The effects of Hurricanes Harvey, Irma and Maria.

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