Mortgage Market is Unprepared for Climate Risk, Says Industry Report
CNBC, Sept. 23, 2021–Diana Olick
With numerous stakeholders in housing finance, climate change will send significant stress down a long financial line, according to a Mortgage Bankers Association report. The report said it could increase mortgage default, increase the volatility of house prices and produce significant climate migration.
https://www.cnbc.com/2021/09/23/mortgage-market-is-unprepared-for-climate-risk-says-industry-report.html