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Climate risk

The government is buying up mortgages with climate risk — report

by Justin Ho
Sep 30, 2019
A new report says banks are selling mortgages at risk of natural disaster-related default to government-backed mortgage giants.
A man carries an American flag he found as he walks on the foundations of homes demolished by hurricane Michael in October 2018 in Mexico Beach, Florida.
Joe Raedle/Getty Images
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