Mortgage Delinquencies Climb After Storms

It was slightly prescient that on September 10th, CoreLogic posted on their website an article on the impact natural disasters have on delinquency rates in general. The initial impact is felt way before the storm or disaster hits: if it is with housing stocks, they go...

Hurricane Florence Down-Graded to CAT 1

The eyewall of Hurricane Florence is expected to make landfall in Wilmington, North Carolina about 7:15 EDT. The storm will crawl very slowly, which is atypical for such large events with windspeeds exceeding 100 MPH. According to weather reports and the NOAA’s...

Hurricane Florence Downgraded

Hurricane Florence was downgraded to a Category 2 storm from what was originally a Category 4 storm. The exact strength of the storm as it makes landfall is yet to be determined. It is expected to reach the U.S. mainland and make a slight turn southward once it hits...