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$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas Total unpaid mortgage balances for Irma areas are $370 billion. If the correlation worked, there could have been half a million mortgage delinquencies in Florida, but, again, the storms were different.
$700 BILLION UNPAID MORTGAGE BALANCES IN HURRICANE HARVEY AND IRMA DISASTER AREAS SEPTEMBER 18, 2017 | ZERO HEDGE | WWW.ZEROHEDGE.COM | Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become delinquent on their.
AG Pam Bondi: Time to shut down Tampa duo preying on troubled homeowners AG Pam Bondi: Time to shut down Tampa duo preying on troubled homeowners. As the Times has reported, the high bidders on several houses linked to the company registered under the phony names sadie Daquiri, Tori Bleigh and Jeff Stamkos. In each case, they failed to pay, and HOA Problem Solutions retained title to the property.
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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.
Hurricane Harvey is one of the most damaging U.S. natural disasters. It cost. The Houston metro area is the nation's fourth largest city with 6.6 million residents.
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In dollar terms, this means that there is some $517 billion in unpaid principal balances in, nearly three times the amount as in those related to Harvey and more than 11 times of those connected to Katrina.