Past-due mortgages increase after Harvey and Irma

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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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Chase will also be refunding or waving late fees for mortgages, business. Customers may also be eligible for emergency credit line increases.. a page on its website for those affected by Hurricanes Harvey and Irma.

The U.S. mortgage delinquency rate (30 days or more past due but not in foreclosure) was about 4.88%, on a seasonally-adjusted basis, as of the end of the third quarter, an increase of 64. impact.

The company’s Firs Look Mortgage Monitor said non-current mortgages (those at least 30 days past-due or in active foreclosure) jumped by 214,000 (+9 percent), primarily by fallout from Hurricanes Harvey and Irma. The increase marked the first rise in mortgage delinquencies since July 2010.

Weekly spot rates, according to DAT data. ( Graphic: DAT ) Hurricane Irma, wild fires expected to contribute to higher rates for months. An already robust spot truckload freight market is now reacting to the effects of Hurricane Harvey, and with Irma on the horizon and wild fires burning out west, is now showing few signs of slowing down.

How Hurricane Irma and Harvey will Affect Mortgage Loans. Mortgages. Residents of Texas and Houston are counting their losses after the hit of Hurricane Harvey and Irma.. This means more than 90 days past due; a duration which would normally prompt. The Rise and Fall of The Magnises Card.

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HUD Mortgagee Letter ML 2018-01 amends the Loss Mitigation policies for Disaster-Affected Borrowers for borrowers with FHA-insured mortgages whose mortgage and/or employment is located in the Presidentially-Declared major disaster areas (pdmdas) of Louisiana Hurricane Harvey, Texas Hurricane Harvey, Florida Hurricane Irma, Georgia Hurricane Irma, Puerto Rico Hurricane Irma, South Carolina.

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