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Home » Store » News » Fracking, Earthquakes and Collapsing Oil Market Pose New Challenges to Housing, Mortgage Finance

Fracking, Earthquakes and Collapsing Oil Market Pose New Challenges to Housing, Mortgage Finance

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Investors have a lot more to worry about these days than the collateral damage stemming from problems in Greece and China and a bumpy U.S. stock market. Ratings analysts indicate some new energy-related risks – most notably earthquakes near “fracking” sites and a plunge in the price of oil – have emerged as potentially significant challenges to investors in real estate and to mortgage lenders. Analysts at Standard & Poor’s said in a recent client note that earthquakes in proximity to fracking sites introduce a unique risk factor into the investment equation for those with a stake in real estate located in affected regions. “In particular, determining whether or not earthquake coverage is...
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