Past-due mortgages increase after Harvey and Irma

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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

Rescuing Hurricane Victims From Their Homes. Mortgage insurances companies earned significantly. million associated with the current evaluation of exposures from hurricanes Harvey and Irma. Old Republic posted an increase of 4.6% in its.

Unsurprisingly, given the sheer number of people affected, early-stage mortgage delinquencies spiked during September 2017, after Hurricane Harvey had blown. current to 30 days past due was 1.1.

2017-09-13  · Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma

LPS: Foreclosure Backlog Stands at 30x Foreclosure Sales Volume LPS Data Shows Long Delays in Foreclosure Process. there is an enormous backlog of foreclosures in the pipeline that may be as great as 30 times the monthly sales volume of already foreclosed.

NEW YORK (Reuters) – U.S. mortgage applications. after it was severely depressed the prior two weeks by disruptions from Harvey. On the other hand, home loan applications in Florida fell for a.

2017-10-19  · . Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages.. Hurricanes Harvey and Irma. by non-current mortgage rates; after the.

Mortgage lending grows riskier in Texas, Florida after hurricanes. Harvey and Irma hit, mortgage risk in Florida and Texas was decreasing, however the storms cause the trend to reverse course.

Hurricanes Harvey and Irma. Mortgage Monitor report from Black Knight. According to the mortgage software, data and analytics firm’s latest analysis, the storms had, as of the end of the month,

Black Knight’s First Look at September 2017 mortgage data hurricanes irma and Harvey Drive Surge in Past-due mortgages. october 19, 2017. 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.

Early stage delinquencies – 30 to 59 days past due – represented 1.9% of all loans in July, down from 2.1% in July 2017. The share of mortgages. Harvey and Irma,” he adds. “In addition, Hawaii will.

Those that were 90 or more days past due but were not in foreclosure totaled 576,000, up 19,000 from August but down 92,000 year-over-year. Areas hit by Harvey in Texas saw a 67 percent uptick in non-current inventory, while ravaged parts of Florida saw a 48 percent increase after Irma hit.

Loan Modification Update

Mortgage delinquencies (30 days or more past due) decreased dramatically in January as the effects of hurricanes Harvey, Irma and Maria on the housing. of about 210,000 compared with December but.