Hurricane Irma

SBA launches program to let banks fast-track disaster relief

11/28/17

The pilot could help the agency improve its image after past criticism of slow responses to catastrophes.

[more]

Acquisitive Iberiabank in La. creates $6.7B community investment plan

11/06/17

The company, which recently bought Sabadell United in Miami, is pledging to make billions of dollars in mortgages and small business loans in low- and moderate-income communities.

[more]

Fannie Mae keeping an eye on servicers' hurricane response

11/02/17

Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.

[more]

Freddie expects hurricane losses, but still reports $4.7B profit

10/31/17

A securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses from the catastrophic hurricane season.

[more]

Hurricane-related costs batter Popular's 3Q earnings

10/31/17

The Puerto Rico-based company set aside nearly $70 million for anticipated losses related to Hurricanes Irma and Maria.

[more]

BBVA Compass profits rise despite $60M provision tied to hurricanes

10/27/17

The Alabama bank's provision for loan losses rose 59%, but it still reported an 8% increase in 3Q profits thanks to stronger margins and fee income.

[more]

Regulators waive appraisals in hurricane areas to help rebuilding

10/17/17

Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers.

[more]

How bank preparedness held up against Hurricane Harvey & Co.

10/12/17

Recent hurricanes and wildfires still raging in California are fresh reminders to bankers of the importance of emergency preparedness plans.

[more]

Natural disasters making recovery experts out of bankers

10/12/17

Recent hurricanes and wildfires still raging in California are emphasizing once again the importance of emergency preparedness plans for bankers.

[more]

First BanCorp in Puerto Rico freed from post-crisis regulatory order

10/06/17

The company, which is still recovering from two recent hurricanes, said it will voluntary comply with several key restrictions that were in the 2010 written agreement.

[more]