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In comparison, Harvey-related disaster areas held 1.18 million properties – more than twice as many as with Hurricane Katrina in 2005 – with a combined unpaid principal balance of $179 billion. Irma-related disaster areas now contain nearly seven times as many mortgaged properties as those connected to Katrina, with more than 11 times the.
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Combining the preliminary estimates for both Harvey and Irma suggests that over 3.3 million total mortgaged properties are located in Irma andzones, while the dollar amount of total unpaid mortgage balances in these two zones is massive: between Irma’s $517 billion and Harvey’s $179 billion, the total potential.
Quantifying the damage, Black Knight calculates that Irma-related disaster areas contain nearly three times as many mortgaged properties as those connected to Hurricane Harvey, and nearly seven times as many as those connected to Hurricane Katrina in 2005.In dollar terms, this means that there is some $517 billion in unpaid principal balances in Irma-related disaster areas, nearly three times.
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Combining the preliminary estimates for both Harvey and Irma suggests that over 3.3 million total mortgaged properties are located in Irma and Harvey-related FEMA Disaster zones, while the dollar amount of total unpaid mortgage balances in these two zones is massive: between Irma’s $517 billion and Harvey’s $179 billion, the total potential.
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$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas. Hurricane Harvey:. Storm Shield App 263,616 views.
Harvey's hit to mortgages could be four times worse than predicted-and then there's Irma. in mortgage delinquencies as well, though the storms are difficult to compare.. FEMA-designated disaster areas in Houston to those in Hurricane. Total unpaid mortgage balances for Irma areas are $370 billion.
Black Knight’s Mortgage Monitor: Most Borrowers Impacted by Hurricane Harvey Have Significant Equity; 350,000 in Hurricane Irma Disaster Areas Have Negative or Limited Equity. The 48 FEMA.
Fannie Mae Reminds Homeowners and Servicers of Mortgage Assistance Options for Areas Impacted by Hurricane Irma Pete Bakel 202-752-2034. WASHINGTON, DC – In our ongoing efforts to support victims of natural disasters, Fannie Mae (FNMA/OTC) is reminding those in areas impacted by Hurricane Irma of the options available for mortgage assistance.