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Loss Mitigation

The Racial Divide of Flood Damage Buyouts

flooding

According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs.

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Freddie Mac Transfers $9.1B in Risk

Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred $53 billion in credit risk on $1.4 trillion in mortgages.

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