resilience reporter

resilience starts with information

The Secrets of Resilience

The Trauma after the Storm

This year hurricanes have rocked America and the Caribbean. Harvey, Irma, Jose and Maria have caused billions of dollars of damage and so far, left 103 people dead in the US alone. In addition to the carnage wreaked along the way, natural disasters such as hurricanes, cyclones and tsunamis leave many struggling to rebuild their lives and homes years after the initial hit.

As the rescue workers begin to depart, the scale of the damage hits home. For many the rebuilding of homes and damaged property brings neighborhoods together, garners much needed social support, and in some cases even improves lives following the disaster. For some, the rebuilding of lives becomes marred by the overwhelming symptoms of Post Traumatic Stress Disorder (PTSD) which is known to affect victims of natural disasters. Natural disasters can cause losses of homes…

 

The Secrets of Resilience

Does early hardship in life keep children from becoming successful adults? It’s an urgent question for parents and educators, who worry that children growing up in difficult circumstances will fail to reach their full potential, or worse, sink into despair and dysfunction…

Hurricanes could bring another disaster: Foreclosures

foreclosure

As life slowly returns to normal in hurricane-ravaged parts of Texas, Florida and Puerto Rico, housing experts and consumer advocates worry another crisis is on the horizon: Foreclosures. Anna Rosalez looks out at her flooded home in Southeast Houston after Harvey’s waters receded.

Roughly 4.8 million mortgaged properties were in the paths of Hurricanes Harvey, Irma, and Maria, representing nearly $746 billion in unpaid principal balances, according to financial data firm Black Knight. In September, the number of loans that were more than 30 days past due rose 48% in Irma-affected areas and 67% in Harvey-affected areas, Black Knight found. The firm has not run the numbers for Puerto Rico yet.

Consumer advocates and government agencies are now trying to prevent those delinquencies from turning into lost homes and broken neighborhoods…

 

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