Tag Archives: Natural Disasters

With Hurricane Harvey's one-year anniversary approaching in August, the Department of Housing and Urban Development has just approved a multibillion-dollar plan to aid the Lone Star State’s ongoing recovery efforts.

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.

After last year’s damaging storm season, a new report looks ahead to the potential damages that could unfold this year from hurricane storm surge. Click through to learn where the risks are highest in 2018.

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 ...

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 ...

Nearly 30 homes have been destroyed, and more are in the path of potential destruction since the Hawaiian volcano known as Kīlauea began pouring lava down its slopes on May 3, 2018. Now several lenders, including Wells Fargo and Bank ...

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 ...

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 ...

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, ...

Houston has recovered remarkably well from last year’s hurricane season. After an initial spike in delinquencies in the months following the storm, the Texas Association of Realtors recently reported that home sales volume and home prices in the Lone Star ...