Past-due mortgages increase after Harvey and Irma

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Communities rebuild after Irma, Maria and Harvey In September 2017, Hurricanes Harvey, Irma, and Maria devastated parts of the Southeast. The legal opinion should describe any mortgages or other. is submitted after the deadline, the application will be considered late.. award or to increase the amount of the approved budget if an award is made.

Most of the 0.1% increase was due to the impact of hurricanes Harvey, Irma and Maria. Loans that were 30-59 days past due represented 2.3% of all mortgages in October. and rebuilding in New Orleans.

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As is to be expected, Hurricane Harvey, which devastated the greater Houston area, caused a slight jump in mortgage delinquencies in August. According to Black Knight’s monthly First Look report, more than 6,700 new 30-day delinquencies can be attributed to the storm.. In addition, about another 1,000 borrowers who were already 30-days past due on their mortgage missed a second consecutive.

In Marion, the percentage of mortgages at least 90 days behind rose from 3.3 percent in November 2016 to 3.9 percent in November 2017. "The effects of Hurricanes Harvey, Irma and Maria appear. were.

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

Florida has now overtaken Mississippi as the state with the largest share of severely delinquent (more than 90 days past due) mortgages. hurricane irma’s after effects could be felt throughout.

Hurricane fallout drives surge in past-due mortgages. in September given the fallout from Hurricanes Harvey and Irma, according to a first look at September mortgage performance statistics.

Harvey was the largest storm to hit Texas in over 50 years and, over a 24-hour period.. Close As homes built in a 500-year flood zone have only a .2% chance of. before the storm and the increased demand for rental housing after the storm , in part because homeowners with outstanding mortgages were still required to.

Know your mortgage payment options after a disaster. A repayment plan lets you make up missed payments over a fixed period by adding a portion of your past due mortgage payments to your regular.