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Tag Archives: Natural Disasters

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, ...

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Distributing Insurance Funds After a Natural Disaster

Editor's note: This story was originally featured in the January issue of DS News, out now. One of the biggest mortgage servicing issues facing lenders in Texas, Florida, California, and other states that have suffered from declared disasters relates to insurance claims ...

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RealtyTrac: Natural Disaster Risk ‘Very High’ for 10.6M Housing Units

RealtyTrac released its first-ever Natural Disaster Housing Risk Report Thursday, which assigns a risk score for a natural disaster to more than 3,000 county housing markets nationwide. Scores were based on risk data for three natural disasters—hurricanes, tornadoes, and earthquakes—and each county was assigned to one of five categories based on their score: Very High Risk, High Risk, Medium Risk, Low Risk, and Very Low Risk.

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