The Key To Preventing Foreclosure After a Natural Disaster
National Mortgage News, Feb. 8, 2018–Brad Finkelstein (free story)
To put it mildly, 2017 – with three major hurricanes, wildfires and other extraordinary events – was a living stress test of servicers’ and government agencies’ preparedness plans for helping borrowers in damage zones. Their coordinated responses appear to have improved from past natural disasters, industry and government representatives said Wednesday during panel discussions at the Mortgage Bankers Association Servicing Conference in Dallas.
