Getting Greener
As forecast following a landmark CFTC-committee report and the Fed’s financial-stability assessment, FHFA has now turned to the climate risk that worries them the most: residential real estate.  Reflecting also the priority Yellen’s FSOC and the Biden Administration will put on addressing this risk, the agency has now sought views on how much risk there is, how best to measure it, and what then to do about it.