so word is insurance companies now have more exposure to irma than Harvey. at least the ones i talk with.
i dont know about FnF but seems to me Houston is more of a problem more of the common people there.
in the keys even the manufactured homes go for relatively bigger $. so we are not talking about large amounts of people not able to pay the mtg.,
Houston, yeah waterfronts got hit. but many many modest homes owned by people of modest means.
keep in mind some jobs do better after a hurricane, roofers, carpet n stuff. but many hourly people living paycheck to paycheck will not have the savings to endure a couple weeks of no work
Sad really, but i also dont think automotic foreclosure. RE market is still relativley strong.
so in conclusion the poor get more poor. SAD
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