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 jumped by 214,000 , driven primarily by fallout from Hurricanes Harvey and Irma FEMA-declared hurricane disaster areas accounted for the bulk of the increases; non-current inventory rose by 84,000 in Irma disaster areas and 52,000 in those related to Harvey Prior to the hurricanes, Texas and Florida ranked 20th and 22nd among states by non-current mortgage rates; after the storms, they now rank 3rd and 5th respectively Primarily as a result of hurricane impact, September saw the first annual rise in mortgage delinquencies since July 2010 Monthly foreclosure starts were at their lowest in more than 17 years, with starts down as much as 90 percent in areas covered by post-hurricane foreclosure action moratoria JACKSONVILLE, … (more)
