Climate Change Could Drive Flood of Foreclosures, Study Finds
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Climate Change Could Drive Flood of Foreclosures, Study Finds
Industry Update May 23, 2025 Source: Yahoo! News/CBS News Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds. First Street, a research firm that studies the impact of climate change, projects in an analysis released Monday that foreclosures across the U.S. caused by flooding, wind and other weather-related incidents could soar 380% over th…
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