Home / Tag Archives: Natural Disasters (page 4)

Tag Archives: Natural Disasters

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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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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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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