Hurricane

Hurricanes create new mortgage crisis 

After Hurricane Katrina, Bernadette Guidry accepted her mortgage company’s offer to delay monthly payments until repairs were made to her Houma home. Her credit was good. She’d never missed a mortgage payment. Four years later, the brick ranch teeters on the brink of foreclosure, she has filed for personal bankruptcy and owes $188,000 on the house, $49,000 more than before.