Homes in areas with climate risk tend to be overvalued during mortgage refinancing, according to a study from the Massachusetts Institute of Technology Center for Real Estate.
Rent payment history and bank account income verification are just the start. Machine learning algorithms also promise better risk assessment and more accurate pricing for that risk.
The federal government should put an emphasis on building affordable housing with resilient materials that can withstand natural disasters, according to Rep. Mike Flood, R-NE.