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Home » Hurricane Katrina Continues to Bedevil Mortgage Servicers, MBS Issuers, Rating Agencies Find
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Hurricane Katrina Continues to Bedevil Mortgage Servicers, MBS Issuers, Rating Agencies Find

May 5, 2006
It has been eight months since Hurricane Katrina devastated the Gulf Coast, but mortgage servicers are still feeling the impact of the storm in a number of ways. “Many Gulf Coast homeowners are still feeling [Katrina’s] magnitude as they struggle to get back on their feet,” said Standard & Poor’s in a new report. “The post-hurricane period has also posed an ongoing challenge for the servicers that manage those homeowners’ mortgages: how to strike…
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