Among mortgaged homes located within the Eaton and Palisades fire zones, nearly 5 percent fewer homeowners had made their January mortgage payment as of January 17th, compared with the prior month.
Keep in mind, the fires didn’t start until Jan. 7, after a large share of mortgage payments had already been made, suggesting that a more representative view of the true impact may not be seen until February payments are due
The average single-family residence within the Palisades wildfire perimeter is valued at $3.6M, according to ICE Automated Valuation Models
Because of this, nearly 80% of mortgages on affected properties are portfolio loans.