, 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.
· 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.
· The trail of destruction left by Hurricanes Irma and Harvey could set in motion a series of events that nudges rates on federal student loans up once again next year. If that sounds implausible.
Weekly spot rates, according to DAT data. ( Graphic: DAT ) Hurricane Irma, wild fires expected to contribute to higher rates for months. An already robust spot truckload freight market is now reacting to the effects of Hurricane Harvey, and with Irma on the horizon and wild fires burning out west, is now showing few signs of slowing down.
· Here’s the latest data on the impact of Hurricanes Harvey and Irma on mortgages. current mortgages (those at least 30 days past-due or in active foreclosure) surged by.
Black Knight’s First Look at September 2017 Mortgage Data Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages. October 19, 2017. 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.
Michael Becker, branch manager at Sierra Pacific Mortgage, is one who expects rates may slip in the coming week. “Friday’s employment report should be on the weak side, partly because of the effects.
. –Today the JPMorgan Chase Institute released new research evaluating the financial impact of Hurricanes Harvey and Irma on. after Hurricane Harvey and 10 weeks after Hurricane Irma.. and.
Although hurricanes Harvey, Irma and Maria drove up the U.S. mortgage delinquency rate in the fourth quarter, overall mortgage performance continued to improve in 2017, according to Black Knight’s Mortgage Monitor Report. "Hurricanes Harvey and Irma significantly impacted 2017 mortgage performance metrics," says Ben Graboske, executive vice president for black knight data and Analytics.
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The company’s Firs Look Mortgage Monitor said non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), primarily by fallout from Hurricanes Harvey and Irma. The increase marked the first rise in mortgage delinquencies since July 2010.
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