GSEs and Climate Change

In the three years since the Surfside condo collapse, Fannie Mae and Freddie Mac have made policy changes intended to address safety concerns.

Nikitra Bailey, EVP at the National Fair Housing Alliance, says communities of color are more vulnerable to the impacts of climate change because of prior redlining practices. She explains that a HUD rule could make a big difference.

Advocates and critics weigh in on condo title-risk mitigants that cost less upfront than traditional insurance as climate risks add to broader coverage costs.