What Are the Effects of Natural Hazards on Mortgage Delinquencies?

Natural disasters can have long-term effects on a community. As noted in our 2021 Hurricane Report, lower-income homeowners are left with few options when homes are destroyed. When affected homes are deemed unsuitable for habitation, displaced people may resort to living at motels and similar, creating added expenses. Natural catastrophes can result in financial hardship as people struggle with additional expenses. In this episode, host Maiclaire Bolton Smith sits down with Amy Gromowski, senior leader of science and analytics at CoreLogic, to discuss financial implications as a result of natural disasters.