The 30-day delinquency rate actually dropped by 15 basis points in the fourth quarter of 2017, as homeowners affected by Hurricanes Harvey, Irma and. to an increase in the percentage of loans that.
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
Black Knight: "Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages" 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. Source: Black Knight: "Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages" More from [.]
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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.
In recent weeks the United States has been hit with several natural disasters, leaving. Harvey and Hurricane Irma, while the Western United States is dealing with the. as late fees – for our lending products, including credit cards, auto loans, Emergency credit line increases;; waived early withdrawal penalties on CDs.
According to the MBA’s Fourth Quarter 2017 National Delinquency Survey, general downward trends for mortgage delinquencies continued as 2017 wrapped up, even after the impact of. affected by.
Past-due mortgages increase after Harvey and Irma. by Alison McAvoy October 26, 2017. Following the aftermath of Hurricanes Harvey and Irma, the amount of non-current mortgages and mortgage delinquencies in Texas and Florida have risen significantly since this past September.
After all, according to the August Black. hurricanes on mortgage performance and determined that Hurricanes Harvey and Irma have likely accounted for an increase of 135,800 past-due mortgages.
Real Estate Weekly: Storms Will Disrupt National Real Estate Markets. designated Harvey disaster areas could become past-due over the next few months. Post-Katrina, delinquencies spiked in.
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