Industry News

Katrina flood damage repairs may cost $10 billion

Study: 95,000 properties in New Orleans damaged by floodwaters
Published on Feb 15, 2006

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by CareyBot

The cost of repairing the 95,000 properties in New Orleans damaged by floodwaters from Hurricane Katrina will total between $8 billion and $10 billion, according to a study released today by the Mortgage Bankers Association, a mortgage industry trade group. ...

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