Hurricane Maria

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.

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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.

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Auto lenders brace for losses from Harvey, Irma and Maria

10/25/17

The hurricanes destroyed hundreds of thousands of cars, and banks are significantly boosting their reserves in anticipation of higher defaults on auto loans. But there is also a silver lining for auto lenders.

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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.

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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.

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Fed's emergency cash plan swings into action in Puerto Rico

10/02/17

The Federal Reserve's nationwide preparedness plan for cash emergencies is being put to a unique test in Puerto Rico. Stocks are being replenished with daily flights, but the lack of power to ATMs and branches is contributing to reports of cash shortages.

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