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What a Destructive Hurricane Season Means for the Mortgage Industry
National Mortgage News, July 24, 2024-Courtney Hoff Dockerty
Climate change has caused an increase in extreme weather, including catastrophic storms and drought, to significantly impact the housing industry. According to preliminary estimates from CoreLogic, total insured wind and storm surge losses resulting from Hurricane Beryl’s landfall in Texas will be between $700 million and $1.5 billion.
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