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Katrina : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "Katrina"

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Why Home Insurance Rates Should Not Soar After Hurricane Irene

The good news regarding Hurricane Irene is that it did less damage than many forecasters initially suspected. The bad news is that it did a lot of damage, an estimated $12 billion to $13 billion. Given such huge losses should the money you pay for homeowner’s insurance go up? A firm “no” comes from Joanne [...]

1Sep2011 | | 0 comments | Continued
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Mortgage Help For Hurricane Victims

Hurricane Irene may be the biggest storm of 2011, and if recent history is any guide mortgage lenders will allow considerable latitude for those who are severely impacted. Hurricanes have the ability to move massive amounts of water in a very short time. The instant result can be flooding along low-lying areas and shores. However, [...]

27Aug2011 | | 0 comments | Continued
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Mortgage Loan Relief For BP Spill Victims

Homeowners impacted by the BP oil spill are getting mortgage relief from Fannie Mae and Freddie Mac, the two largest mortgage owners. In general terms, the loan relief offered by the two companies follows the emergency policies both have had in place following such disasters as hurricanes Katrina, Rita and Wilma. Relief In the usual [...]

18Jun2010 | | 0 comments | Continued
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Mortgage Relief for Hurricane Gustav Victims

It’s become a kind of ritual, the word from major mortgage lenders and loan owners providing relief in the face of hurricanes, tornados, fires, earthquakes and other natural disasters. What can impacted mortgage borrowers expect with hurricane Gustav? Looking at past practices from 2005 with Katrina, Rita and Wilma, Fannie Mae, Freddie Mac and most [...]

11Sep2008 | | 0 comments | Continued
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Should We Postpone Foreclosures?

A huge outpouring of contributions and caring have followed Hurricane Katrina, evidence of both generosity and decency that should be applauded. But each day the impact of Katrina becomes less newsworthy and we will soon be back to business-as-usual. The legal and financial system will rapidly come into play, and with normality needless levels of [...]

19Aug2008 | | 0 comments | Continued