Archives For: Hurricane
As Hurricane Season Arrives, U.S. Homeowners Haven?t Fixed Their Big Underinsurance Problem
The Wall Street Journal published an article discussing homeowners who are inadequately insured for natural-catastrophe damage ahead of the height of the Atlantic hurricane season. Insufficient insurance coverage impacts a borrower’s ability to remain current, with additional potential negative consequences, such as property abandonment.
18 Jul 2018
2018 Hurricane Storm Surge Damage Could Top $1 Trillion
DS News published an article providing an overview of a recent report released by CoreLogic.
31 May 2018
How These Hurricane-Ravaged States Have Avoided a Housing Disaster — So Far
CNN released a report discussing the housing market following the 2017 hurricane season.
22 Apr 2018
HUD: $1.6 Billion Awarded to Help the U.S. Virgin Islands Recover from Hurricanes Irma and Maria
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing recovery funds that will support long-term disaster recovery.
11 Apr 2018
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a an announcement containing important information for servicers.
15 Mar 2018
FHLMC Guide Bulletin 2018-4: Extension of Foreclosure Sale Suspension in Puerto Rico and the U.S. Virgin Islands
Freddie Mac issued a release announcing the extension of a temporary suspension of all foreclosure sales in Puerto Rico and the U.S. Virgin Islands.
7 Mar 2018
Fannie Mae: Lender Letter Extends Some Foreclosure Sale Suspensions; Updated Form 2001; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included is an update announcing the extension of a temporary suspension of foreclosure sales in Puerto Rico and the U.S. Virgin Islands.
7 Mar 2018
HUD: FHA INFO #18-09: 60-Day Extension of Foreclosure Moratorium for Hurricane Maria Affected Areas in Puerto Rico and the U.S. Virgin Islands
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-09.
1 Mar 2018
CFPB: Nine Financial Problems After a Natural Disaster – and What You Can Do About Them
The Consumer Financial Protection Bureau (CFPB) posted a blog exploring common problems consumers have reported after a natural disaster.
23 Feb 2018
HUD: $243 Million Awarded to Help U.S. Virgin Islands Recover From Hurricanes Irma and Maria
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that disaster recovery funds have been dispersed to help areas in the U.S. Virgin Islands affected by Hurricanes Irma and Maria.
9 Feb 2018