Freddie Mac News

When Climate Change Leads to Mortgage Defaults: Viewpoint

Climate change poses risks to real estate that homebuyers may not be able to predict. As sea level rises, coastal properties, for example, may be subject to increased flooding and intensifying storm surges. First-time homebuyers often lack the expertise to …

Citing Climate Risk, Investors Bet Against Mortgage Market

NEW YORK — David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market in the run-up to the 2008 financial crisis. Now he’s betting against the market again, but this …