More than 25 pct of major U.S. fire site borrowers at risk of delinquency

NAMPA / Xinhua

2025-02-21

NEW YORK, Feb. 21 (Xinhua) -- More than one in four borrowers in the area of the Los Angeles' Palisades Fire in the U.S. state of California are at risk of falling behind on their mortgages this month, according to preliminary estimates from Intercontinental Exchange Inc. (ICE). The rate is lower in the Eaton wildfire zone, where one in six borrowers are in danger of missing this month's payment, according to ICE, which tracks U.S. mortgages.......

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