Last week, the Federal Emergency Management Agency designated 37 counties in Florida as disaster zones after Hurricane Irma. While the. that were in Hurricane Harvey’s path with a combined unpaid.
$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas According to a preliminary analysis by Black Knight released today, Florida FEMA-designated disaster areas related to Hurricane Irma include a whopping 3.1 million mortgaged properties.
In comparison, Harvey-related disaster areas held 1.18 million properties – more than twice as many as with Hurricane Katrina in 2005 – with a combined unpaid principal balance of $179 billion. Irma-related disaster areas now contain nearly seven times as many mortgaged properties as those connected to Katrina, with more than 11 times the.
$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas | The Daily Sheeple: "Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become delinquent on their loans and 160,000 could become.
$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas 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.
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Breslow added, "We achieved these solid results despite the negative impact of Hurricanes Harvey and Irma. Absent these weather events. 2017 for the FEMA-designated "individual assistance".
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