On Wednesday, the state of Florida ended three programs designed to distribute federal housing aid funds, all under the banner of the Florida Hardest-Hit Fund (HHF). While that in itself would be noteworthy, the decision to end the programs is ...
Read More »Federal Agencies Encourage Community Reinvestment in Puerto Rico
The economic concerns following the destruction of Hurricane Maria stretch further than the islands. As some states are faced with an influx of refugees putting a strain on their housing market, the federal agencies step in to address the issues at hand.
Read More »The Long-Term Impact of Hazard Mitigation
Benjamin Franklin once said that “an ounce of prevention is worth a pound of cure.” As regions such as Texas, Florida, California, and Puerto Rico struggle to recover from damaging natural disasters, the implications of those words for the mortgage, ...
Read More »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 ...
Read More »Puerto Rico Evacuees Exacerbating Florida Housing Crisis
Update: This story has been updated to note FEMA's extension of the TSA program for Puerto Rico evacuees. Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are ...
Read More »Mortgage Delinquency Hits Lowest Rate in a Decade
CoreLogic’s latest Loan Performance Insights Report shows mortgage delinquency rates falling nationwide, but the effects of hurricane season padded early-stage delinquency numbers.
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