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Black Knight’s First Look at September 2017 Mortgage Data: Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages.. non-current mortgages (those at least 30 days past-due or in active.
This will be a long-term recovery. If the Harvey-related disaster areas follow the same trajectory as those hit by Katrina, within four months we could be looking at as many as 160,000 borrowers falling 90 or more days past due on their mortgages.” By the Numbers
Irma hit. over 90 days past due or in foreclosure, rose 14 percentage points to 16 percent. The company extrapolated those numbers to estimate that a similar pattern among Harvey’s victims could.
After. increase than was the case with conventional loans. Black Knight says an identical per-capita impact as was seen following Harvey and Irma would means that delinquencies would begin to creep.
From Black Knight: Black Knight’s First Look at September 2017 Mortgage Data: Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages Nationally, the number of non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), driven primarily by fallout from Hurricanes Harvey and Irma
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· How to Negotiate Mortgage Forbearance. Millions of homeowners are behind in their mortgage payments. Figuring out how to get caught up is a difficult task and requires the assistance of your lender. The solution may be a repayment plan.
· After the storms. Pressure on US Households Intensifies (DDMB) The full effects of Hurricanes Harvey and Irma are rapidly showing up in the data. In September, according to Black Knight, the number of mortgages either past due or in foreclosure rose.
Black Knight’s First Look at September 2017 Mortgage Data Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages. October 19, 2017. Nationally, the number of non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), driven primarily by.
Hurricane fallout drives surge in past-due mortgages. in September given the fallout from Hurricanes Harvey and Irma, according to a first look at September mortgage performance statistics.
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