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Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says

www.marketplace.org Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says - Marketplace

Consumer awareness about living in vulnerable areas is key to "letting that air out of the balloon," says Tim Judge, chief climate officer.

Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says - Marketplace

Fannie Mae is a US government-sponsored enterprise which buys up mortgages from banks, packages them, and sells to investors. Their rules largely dictate what kinds of mortgages are available in the US.

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