Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks

Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken. Global Warming, Real Estate and Housing (Residential), Federal Home Loan Mortgage Corp (Freddie Mac), Federal Housing Finance Agency, Federal National Mortgage Assn (Fannie Mae), Prices (Fares, Fees and Rates), Mortgages, Regulation and Deregulation of Industry, United States Politics and Government, Disasters and Emergencies, Floods, Hurricanes and Tropical Storms, Wildfires, Homeowners Insurance, Flood Insurance, United States Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken. NYT > Business

Leave a Reply

Your email address will not be published. Required fields are marked *