· So imagine if Harvey or Ike happened again, but instead of turning away, it headed into Houston. A computer model shows that a direct hit would create devastation far worse than what we’re seeing now. Also in the episode: Reporter Mark Schleifstein of The Times-Picayune saw Hurricane Katrina coming years before it happened. DIG DEEPER
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See more of Travis Bowens, Mortgage Loan Originator on Facebook.Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma Harvey mortgage impact could be four times worse than predicted. 1:30 PM ET Wed, 13 Sept 2017.
· Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma (DBN) A 58-story skyscraper in San Francisco is tilting and sinking – and residents say their multimillion-dollar condos are ‘nearly worthless’
Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma @ Forex Factory Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma – As homeowners in Houston struggle to dry out and rebuild, they may also struggle to make payments on their mortgages.
· There are 2.08 million mortgaged properties in Irma-related FEMA disaster areas, more than four times that of Katrina and twice as many as Harvey. 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.
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Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma This is the insurance contract written by the government to protect RBS against losses greater than £60bn on more than £200bn of poor quality loans and investments. Now RBS accounts for the contract.
· *King tides have hit Monroe County worse than predicted, and so flooding some 8 inches or more above normal plagued the Keys this week, and will continue to later this month, as well as again in Nov and Dec. And as per the state park disaster page: HURRICANE IRMA – Park Updates The Florida Parks Service is working to quickly and safely reopen parks.
Hurricane Irma wallops Cuba’s northern coast after leaving at least 21 dead in the Caribbean so far, as 6 million people across the US states of Florida and Georgia are ordered to evacuate ahead.