Tag Archives: Hurricane Maria

Angela Hurst of RES.NET and US Real Estate Services details ways the mortgage servicing industry can best balance pragmatic needs against a humane response to natural disasters.

The U.S. Department of Housing and Urban Development has added to the grants provided to the island nation, but here’s why the agency has added a caveat to this approval.

More than a year after Hurricane Maria made landfall in Puerto Rico, the island faces many challenges along the road to recovery. DS News spoke to industry leaders working to facilitate that process. Editor’s Note: This feature originally appeared in the November issue of DS News.

The newly announced HMB Law Group will be work to meet the legal needs of financial institutions and Puerto Rican community members as the island recovers.

Nearly a year ago, Hurricane Maria made landfall on the island of Puerto Rico, destroying thousands of homes resulting in more than $90 billion. A report released today has now found that the fatalities far exceeded the official number of 62, reported previously. Click through to learn more about the effects of this deadly storm that are still impacting the day-to-day lives of Puerto Rico’s residents.

Hurricane Maria sent prices sliding in Puerto Rico, but real estate professionals on the island remain optimistic as interest in the housing market remains strong.

The U.S. Treasury cut a disaster relief loan to Puerto Rico by over 50 percent this week, according to the island’s Gov. Ricardo Rossello. This relief fund of $4.7 billion was provided in October, during the aftermath of Hurricane Maria, ...

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 ...

At the beginning of February, HUD announced that $1.5 billion in aid was being allocated toward Puerto Rico’s recovery from a brutal hurricane season, designed to “support long-term recovery of seriously damaged housing and local businesses in Puerto Rico,” according ...

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 ...