$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And irma disaster areas By Tyler Durden of ZeroHedge Wednesday, September 20, 2017 6:13 AM EDT Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight.

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas In dollar terms, this means that there is some $517 billion in unpaid principal balances in Irma-related disaster areas, nearly three times the amount as in those related to Harvey and more than 11 times of those connected to Katrina.

 · In dollar terms, this means that there is some $517 billion in unpaid principal balances in Irma-related disaster areas, nearly three times the amount as in those related to Harvey and more than 11 times of those connected to Katrina.

 · REALIST NEWS – $700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas

There are 2.08 million mortgaged properties 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. If the correlation worked, there could have been half a million mortgage delinquencies in Florida, but, again, the storms were different.

 · One News Page > Markets News > $700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas. $700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas; Monday, 18 September 2017 Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by.

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Combining the preliminary estimates for both Harvey and Irma suggests that over 3.3 million total mortgaged properties are located in Irma and Harvey-related FEMA Disaster zones, while the dollar amount of total unpaid mortgage balances in these two zones is massive: between Irma’s $517 billion and Harvey’s $179 billion, the total potential damage could impact as much as a $696 billion in notional mortgage values, which banks could be on the hook for if current occupiers decide to simply.

Re: $700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas and of course the mortgage companies and banks are totally generous by stopping them, until they have another house then.

Mortgage Help for Homeowners Affected by Natural disasters. Moreover, Fannie Mae and Freddie Mac continue to monitor disaster affected areas to. Irma, and Maria at www.fema.gov/hurricane-harvey, www.fema.gov/hurricane- irma, and.

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