Zillow, Seattle, in partnership with ClimateCheck, reported areas with increased flood risk also see an increase in mortgage denials and in would-be borrowers withdrawing their mortgage applications, even after controlling for income and property value.
Tag: Flood Risk
![](https://newslink.mba.org/wp-content/uploads/2022/07/FloodPhotoMBA2022WhitePaper.jpg?w=400&h=238&crop=1)
More Homebuyers Flock to Climate Risky Areas, Despite Intensifying Natural Disasters
Wildfires? Floods? Other natural disasters? “Bring it on,” homeowners seem to be saying.
![](https://newslink.mba.org/wp-content/uploads/2021/09/ClimateChange2Breakwall.jpg?w=400&h=187&crop=1)
Vacation Home Buyers Ignore Natural Disaster Risk
Redfin, Seattle, said pandemic-era second home and vacation home buyers are largely ignoring natural disaster risk.
![](https://newslink.mba.org/wp-content/uploads/2021/09/MISMOLogo400.jpg?w=400&h=206&crop=1)
MISMO Creates ESG Initiative Focused on Standardizing Disclosure of Flood Risks; Seeks Comment on New Adverse Action Notice Dataset
MISMO®, the real estate finance industry standards organization, seeks participants for an initiative focused on standardizing disclosure of flood risks. Separately, MISMO seeks public comment on a proposed Adverse Action Notice Dataset.
![](https://newslink.mba.org/wp-content/uploads/2021/09/MISMOLogo400.jpg?w=400&h=206&crop=1)
MISMO Creates ESG Initiative Focused on Standardizing Disclosure of Flood Risks; Seeks Comment on New Adverse Action Notice Dataset
MISMO®, the real estate finance industry standards organization, seeks participants for an initiative focused on standardizing disclosure of flood risks. Separately, MISMO seeks public comment on a proposed Adverse Action Notice Dataset.
![](https://newslink.mba.org/wp-content/uploads/2021/06/RedfinChartFloodJun21.jpg?w=465&h=197&crop=1)
Despite Risk, Homes in High-Flood Areas Flying Off the (Continental) Shelves
Hurricane seasons and climate change are threatening to redraw coastal U.S. maps. But it’s not stopping homebuyers from chasing down waterfront properties.