A report from the Mortgage Bankers Association says there’s little doubt that climate change will impact housing and the housing finance industry, and while just how great that impact will be is as of yet unknown, the authors take a stab at painting a scary picture of the possibilities faced by homeowners and those who service them – financiers and insurers.
The report reviews what is known about climate change, the likely impacts to housing and housing finance, strategies that can mitigate climate change or adapt and things firms in housing and housing finance can do to articulate and measure their exposure to climate change.
