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Tag Archives: Hurricane Irma

HUD Approves Florida Disaster Plan—What You Need to Know

hurricane storm surge

Communities pummeled by Hurricane Irma late last year are finally in for some relief, as a $616 million disaster recovery plan gets HUD’s nod of approval. The much-anticipated monies will support affordable housing, infrastructure, and economic recovery efforts.

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Delinquencies Reverse Course

Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...

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Mortgage Delinquencies Dip, Foreclosure Starts Spike

Mortgage delinquencies dropped 8.6 percent between December and January, but remained up year-over-year, according to the latest First Look at January mortgage performance data from Black Knight, Inc. Black Knight cites calendar-related effects and a continued decrease in hurricane-related delinquencies ...

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Early-Stage Mortgage Delinquencies Dropped in Q4 2017

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 a historically damaging hurricane season. "The 30-day delinquency rate actually dropped by 15 basis ...

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Weathering the Next Storm in REO

It wasn’t the perfect storm, but more like a perfect series of storms: Harvey, Irma, and Maria all hit in swift succession. And while 2017 didn’t set the record for the number of 1,000-year storms (there were six in 2016), ...

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Foreclosure Starts and Completions Hit 17-Year Lows

Mortgage delinquencies hit a 23-month high as 2017 wrapped up, surging by 164,000 year-over-year, according to the latest Mortgage Monitor Report from the Data and Analytics Division of Black Knight, Inc. However, that figure only tells part of the story. ...

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HUD Announces $1.5 Billion in Aid to Puerto Rico

The Department of Housing and Urban Development announced Thursday that it was awarding more than $1.5 billion in aid to help Puerto Rico recover from the damages wrought by Hurricanes Irma and Maria last year. HUD Deputy Secretary Pamela Hughes ...

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Hurricane Aftermath Continues to Affect Mortgage Delinquency

The state of mortgage delinquencies was a mixture of good news and bad news as 2017 wrapped up, according to a new report by Black Knight, Inc., a provider of integrated technology, data, and analytics for lenders and servicers. Today ...

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GSE Credit Risk Transfer Loss Expectations Trend Lower

Fitch Ratings has released a new installment of its GSE Credit Risk Transfer (CRT) Loss Projections Report, which is published every six months, in January and June. The report  “details Fitch Ratings’ projections for future credit events and losses on ...

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Mortgage Delinquencies Begin to Recover from Hurricane Season

Even though last year’s hurricane season is behind us, the aftermath from 2017’s damaging storms continues to be felt both on the ground where the storms made landfall and throughout the housing and mortgage industry still dealing from the fallout ...

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