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Rising seas threaten an American institution: The 30-year mortgage
www.nytimes.com

Rising seas threaten an American institution: The 30-year mortgage

Climate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations.
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Climate risk in the housing market has echoes of subprime crisis, study finds
www.nytimes.com

Climate risk in the housing market has echoes of subprime crisis, study finds

After hurricanes, mortgage lenders offload more of their vulnerable loans to Fannie Mae and Freddie Mac, whose rules prevent them from saying no.
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