Irma affected more than 90% of Florida’s mortgaged properties

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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, according to Black Knight. "While the total extent of the damage from Hurricane Irma is still being determined, it is clear that the size and scope.

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This means more than 90 days past due; a duration which would normally prompt banks to initiate foreclosure proceedings. Banks That Have Announced Hurricane Irma Relief Efforts. The number of mortgaged properties found within the disaster zones is 1.18 million. The following banks have announced relief efforts for those affected: Bank of America;

With FEMA expanding the number of Irma-related designated disaster areas late Wednesday, Sept. 13, to a total of 37 Florida counties, more than 90 percent of all mortgaged properties in the state.

Most flood policies come from the federal program, though a limited number of private insurers offer such policies. Out of 1,419 private flood claims filed so far after Irma, 269 have been closed with payment and 92 have been closed without payment, with more than 1,000 still open, state records show.

90% of Florida’s Mortgaged Properties Affected by Hurricane Irma. Hurricane Irma has impacted the majority of Florida’s properties with mortgages. Irma disaster areas, designated by FEMA, include over 3.1 million properties. To give perspective, Hurricane Harvey has affected 1.18 million properties.

– Irma-related disaster areas now include more than 90 percent of all mortgaged properties in Florida JACKSONVILLE, Fla. — Sept. 18, 2017 — Today, the Data & Analytics division of Black Knight Financial Services, Inc. (NYSE: BKFS) released a preliminary assessment of the potential mortgage-related impact from Hurricane Irma.

"One recent estimate showed that Irma packs more than five times andrew. 1.2 million people have been affected by the hurricane and. reported that 90% of all mobile homes in south Dade.

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