Tag Archives: climate risk

New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events.

A new report from Redfin has found that more Americans are building homes in disaster-prone areas, as suburbanization and a shift to the Sun Belt have driven builders into more vulnerable areas.

Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.

A brand-new scorecard, researched and released by Ceres, shows that federal financial regulators are taking numerous and broad steps to tackle the financial risks of climate change, as outlined by the Biden Administration, in a “clear sign” of regulatory process ...

CoreLogic reports that nearly 33 million U.S. properties may suffer the impact of hurricane-force winds, and 7.8 million could face storm surge damage in what is predicted to be a “severe” hurricane season.

Natural disasters occurred in every state over the course of 2020 in the tunes of thousands of these events sprinkled across the states. While one would expect California or Florida to lead in the amount of natural disasters that occur every year, though in reality the states with the highest ...

The plan is part of the Biden Administration’s “whole of government” approach to tackle the climate crisis on multiple fronts.

A new report by the Financial Stability Oversight Council has identified 30 specific recommendations that financial regulators can take to identify and address climate-related risks to the financial system.

As FHFA notes, natural disasters could result in increased delinquency rates, default rates, credit losses, credit-related expenses, and loan loss frequency and severity.” The FHFA will accept feedback for its RFI through April 19.