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$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas

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Slideshow of a few shots over last 2 days of Hurricane Harvey aftermath 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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FEMA-designated disaster. properties Harvey-related disaster areas contain over twice as many mortgaged properties as those connected to Hurricane Katrina in 2005, carrying nearly four 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 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.

$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.

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