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Tag Archives: hurricanes

Mortgage Servicing Industry Braces for Next Disaster

hurricane storm surge

With natural disasters causing more than $300 billion in damages last year, the industry is looking ahead to whatever comes next. This July, a Disaster Preparedness Summit will work to establish a game plan for responding swiftly and efficiently to future disasters.

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Coastal Flooding—A Trillion-Dollar Threat

flooding

Last year’s devastating hurricanes were just a preview of climate change-related problems yet to come, according to a new report. Just how many homes could be in the crosshairs of flood risks in the decades to come?

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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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Sen. Schumer Calls for Flood Insurance Reform

flooding

With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...

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As Hurricane Season Approaches, 2017’s Disaster Impact Lingers

foreclosure

According to CoreLogic’s latest Loan Performance Insights Report, nationwide delinquencies continued to slowly decline, with exceptions in areas still feeling the aftereffects of last year’s brutal hurricane season. As reported by CoreLogic, the 30+ day delinquency rate for February 2018 ...

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