After the briefing, the president, vice president, and first lady, set off to Naples to meet with people who have been impacted by Hurricane Irma. areas struck by Hurricane Harvey in Texas-but wore.
Based on expected industry catastrophe losses in the range of $80 billion. In total, Hurricane Harvey accounted for 37% of the quarter’s cat losses, Hurricane Irma accounted for 45% and Hurricane.
Irma Affected More Than 90% of Florida’s Mortgaged Properties. Industry Update September 18, 2017. More than 90% of all mortgaged properties in Florida are in a FEMA-designated disaster area following Hurricane Irma, nearly three times the number impacted by Hurricane Harvey.
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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.
The unpaid mortgage balances in Irma-related disaster areas were assessed to be at $517 billion, compared to $179 billion in Harvey-related areas and $46 billion in Katrina-related areas.
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$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas 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.
Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes X No.
Hurricane Harvey is one of the most damaging U.S. natural disasters. It cost. The Houston metro area is the nation's fourth largest city with 6.6 million residents.
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No ¨ Indicate by check mark if the registrant is not required to file.
FEMA starts approving Hurricane Harvey assistance. Assistance is paid from the Disaster Relief Fund, which has a balance of $2.8 billion. Only $1.3 billion of that total can be used for major disasters like Hurricane Harvey, while the additional $1.5 billion is earmarked for things like fire mitigation grants.