Hurricane Helene has exposed $96B in RMBS loans to delinquency by Flávia Furlan Nunes for HousingWire
HousingWireHousingWire Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis. The hurricane, which made landfall in Florida in late September, also impacted parts of North…
Continue reading →