Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis.

The hurricane, which made landfall in Florida in late September, also impacted parts of North Carolina, South Carolina, Virginia and Georgia. As of this week, the death toll has surpassed 230 and thousands of homes, many without flood insurance, have been destroyed. Just days later, Hurricane Milton struck Florida, making landfall in Sarasota County with details ⇒

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