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Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma

Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma

New estimates suggest as many as 300,000 borrowers could become delinquent on their loans and 160,000 could become seriously delinquent, that is, more than 90 days past due, when banks initiate foreclosure proceedings. 

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