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

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

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.

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.

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas Weather Channel Makes Shock Claim That Meteorologists Saw ‘A Face’ In A Satellite Image Of Hurricane Irma "They Dodged A Bullet": Why Insurer Stocks Are Soaring

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 our analysis, we focus our attention on auto loans and home mortgages.. We find that following Harvey, residents in flooded areas, on the whole, had temporary. How a natural disaster like Harvey affects consumer credit balances depends on. about $3.2 billion in low-interest loans for those affected by the hurricane.

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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.

The Sun/Natural Disaster Connection | space news.. hurricane harvey. 0 billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas. 09/18/2017 By Jeremy E McDonald Leave a Comment (Zero Hedge) Even as the damage from Hurricanes Harvey and Irma is still being tallied, a.