With increasing natural disaster risk and declining flood insurance take-up, homeowners in
coastal areas may be at increasing risk of mortgage default. Banks have the ability to screen …

Using the government-sponsored enterprises' sharp securitization rules, this paper provides
evidence that, in the aftermath of natural disasters, lenders are more likely to approve …

This paper exploits strict flood insurance coverage limits and staggered flood map updates
to show that mortgage lenders offload flood risk to the government through flood insurance …

We study how bank residential mortgage lending standards are affected by risks to the local
economy from natural disasters. We find that banks tighten lending standards in disaster-hit …

We develop an additive Cox proportional hazard model with time-varying covariates,
including spatio-temporal characteristics of weather events, to study the impact of weather …

Abstract Using the Credit Risk Transfers (CRTs) issued by Fannie Mae and Freddie Mac, we
study how, absent government intervention, mortgage markets would price hurricane risk …

Using a unique, loan-level database that combines post-disaster home inspection data,
flood zone designations, and loan performance measures in the area impacted by Hurricane …

We provide a model of the effects of catastrophic risk on real estate financing and prices and
demonstrate that insurance market imperfections can restrict the supply of credit for …

We investigate how corporate loan costs are affected by climate change-related natural
disasters. We construct granular measures of borrowers' exposure to natural disasters and …

We show that lenders charge higher interest rates for mortgages on properties exposed to a
greater risk of sea level rise (SLR). This SLR premium is not evident in short-term loans and …