Hurricane

Underwriting: HowÕ the Weather? 

As we turn the page on another calendar year, we are reminded that many homeowners in the Northeast continue to recover from the effects of Hurricane Sandy. In our HECM world, we are reminded of this weather event as the last of amended property appraisals with final repair inspections are submitted to complete transactions on hold since October. New appraisals continue to comment on the effects of the storm with respect to comparables and values.Hurricane Sandy wasn’t the first weather disaster our industry experienced and unfortunately, it won’t be the last. What happened to the time when idle chatter about