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Tag Archives: hurricanes

HUD Awards $28 Billion for Disaster Recovery

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

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Serious Delinquencies Still Elevated in Hurricane-Impacted Markets

The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...

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FHFA: Fannie, Freddie Foreclosure Preventions Top 4M in Q4

The Federal Housing Finance Agency (FHFA) rolled out its fourth-quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac zipped up 67,569 foreclosure prevention actions in the fourth quarter of 2017. Across the board, that brings the number ...

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Delinquencies and Foreclosure Starts Edge Lower

Black Knight, Inc., a Florida based provider of software, data, and analytics for the mortgage and real estate industries, released their First Look data analysis report on Thursday, analyzing February 2018 mortgage performance data. This report found foreclosure starts reversing ...

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Delinquencies on the Decline

According to the latest installment of CoreLogic’s monthly Loan Performance Insights Report, nationally 5.3 percent of mortgages were in some stage of delinquency during December 2017. That figure includes mortgages in foreclosure. The total is exactly the same percentage as ...

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How Did Texas Housing Weather Hurricane Harvey?

low income households

When Hurricane Harvey struck Texas last summer, many housing experts worried what the megastorm's effect on the market would be. Turns out, their fears of a wounded market were needless. "Despite the devastation of Hurricane Harvey,” said Kaki Lybbert, Chairman ...

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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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Texas Communities to Receive $1 Billion from FEMA

flooding

Texas coastal communities are still rebuilding after the impact of Hurricane Harvey last year. But in addition to rebuilding what was damaged or destroyed, the affected communities must also look to the future and prepare for future storms. FEMA is ...

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