Black Knight Financial Services, Inc. has released an updated assessment of the potential mortgage-related damage from Hurricane Harvey, finding that at least 300,000 borrowers may become delinquent on their loans and 160,000 may become seriously delinquent (more than 90 days past due).
The FEMA-designated disaster area affected by Harvey is home to 1.18 million mortgaged properties. Black Knight Data & Analytics Executive Vice President Ben Graboske discussed the company’s findings in greater detail.
Find out what Graboske had to say, comparing Harvey to the aftereffects of Hurricane Katrina.
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