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

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In total, 4.3 million properties with nearly $700 billion in outstanding mortgage balances are located in FEMA-designated disaster areas in Texas and Florida, according to a preliminary estimate by Black Knight Financial Services: Disaster areas of Hurricane Harvey: 1.18 million mortgaged properties with $179 billion in unpaid mortgages.

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Who Gets Hit by Mortgage Losses in Harvey and Irma Areas? by Wolf Richter – Wolf Street "We need to ask for a policy change because the burden with these losses is too big." Somebody is going to pay for losses on mortgages of homes that were destroyed by Hurricanes Harvey and Irma.

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Contents Disaster areas september 19 2017 september 19 email linkedin 0 2017 hurricane season knight released today flood insurance weigh $700 billion unpaid mortgage balances in hurricane harvey and irma disaster areas september 19, 2017 september 19, 2017 The Scoop Read more.

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$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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