Irma-related damage could affect $27B in securitized mortgages in Florida

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Irma-related damage could affect $27B in securitized mortgages in Florida. But flood damage proves to be a challenge for loans set to mature over the next 12 months. The damage could jeopardize the payoff of roughly $1.89 billion, according to the report, as the damage may prevent refinancing the existing loan.

Irma-related damage could affect $27B in securitized mortgages in Florida September 14, 2017 01:30PM Some $26.6 billion in securitized commercial mortgages is potentially at risk in Florida, thanks.

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