Agency Documents
See FHFA’s natural disaster-related performance measures and targets for 2025, 2024, and 2023 within FHFA’s FY 2025 Annual Performance Plan, FY 2024 Annual Performance Plan, and FY 2023 Annual Performance Plan, respectively.
See FHFA’s FY23 natural disaster-related activities and plans for FY24 within FHFA’s 2023 Performance and Accountability Report.
See FHFA’s natural disaster-related activities in 2023, 2022, and 2021 within FHFA’s 2023 Annual Report to Congress, 2022 Annual Report to Congress, and 2021 Annual Report to Congress, respectively.
See FHFA’s FY22 natural disaster-related activities and plans for FY23 within FHFA’s 2022 Performance and Accountability Report.
Public Engagements
On March 13, 2024, the FHFA Multifamily team hosted a Multifamily Insurance Symposium. The symposium included sessions on insurance market risks and challenges, insurance and affordability, emerging solutions, and the Enterprises’ and HUD’s perspectives on insurance market challenges.
On November 14 and 15, 2023, the FHFA Single-Family team hosted a Single-Family Insurance Symposium. Day One included sessions on insurance commissioner perspectives, implications of growth in residual insurance markets, insurance industry perspectives, and the homeownership experience. Day Two included sessions on strengthening community resilience and insurability, empowering communities with information, wildfire solutions, building resilience across sectors, building codes and standards, and consumer perspectives.
Mortgage Loan and Natural Disaster Dashboard
See FHFA’s interactive Mortgage Loan and Natural Disaster Dashboard that combines data from FHFA’s PUDB reports on single-family and multifamily acquisitions for the regulated entities, FEMA’s National Risk Index (NRI), and FHFA’s Duty to Serve 2023 High-Needs rural areas here.
See a FAQ page on how to use the Mortgage Loan and Natural Disaster Dashboard here.
See a blog post detailing insights and uses of the Mortgage Loan and Natural Disaster Dashboard here.
Natural Disaster Risk Blog Series
The Need to Address Climate Risk
August 28, 2023
Author:
Daniel E. Coates
Deputy Director, FHFA Division of Research and Statistics
Chair, Climate Change and ESG Steering Committee
Executive Sponsor, Climate Change and ESG Working Groups
FHFA’s Fall 2023 Econ Summit on Climate Risk
January 22, 2024
Incorporating Climate-Related Risks into Governance
April 22, 2024
Lessons Learned from Assessing Exposure to Climate-Related Risks
May 1, 2024
Energy Transition Risk in the Housing Market
December 9, 2024
FHFA’s Fall 2024 Econ Summit on Climate Risk
December 9, 2024
Disaster Response and Assistance
In May 2019, FHFA formalized its agency-wide Disaster Response Team (DRT), which had been meeting informally for years prior. The DRT has experience coordinating with the regulated entities, other government agencies, external parties, and internal FHFA stakeholders during natural disasters. It is guided by a natural disaster response and recovery framework developed by FHFA in coordination with its regulated entities to support borrowers and renters affected by natural disasters. This framework incorporates forbearance and workout options for borrowers in areas impacted by natural disasters, tailoring options to their specific circumstances.
For more information on disaster response and assistance: See https://www.fhfa.gov/homeowners-and-homebuyers/mortgage-assistance/disaster-assistance
RFI: Climate and Natural Disaster Risk Management at the Regulated Entities
Listening Session
On March 4, 2021, FHFA held a public listening session on Climate and Natural Disaster Risk Management at the Regulated Entities.
March 4, 2021 Listening Session
March 4, 2021 Listening Session Transcript
March 4, 2021 Listening Session Presentations
Statements, Remarks, and External Engagements
Sandra L. Thompson, Director of FHFA, participated in an armchair chat on May 16, 2024 at the National Association of Insurance Commissioners’ International Insurance Forum on addressing climate risk and property insurance.
Sandra L. Thompson, Director of FHFA, testified before the U.S Senate Committee on Banking, Housing, and Urban Affairs, addressing climate risk and property insurance Impacts on April 18, 2024.
Daniel E. Coates, Executive Sponsor of the Climate Change and ESG Working Groups at FHFA, discussed FHFA and its regulated entities’ actions to address climate change in an interview with The Economist on March 27, 2024.
Daniel E. Coates, Executive Sponsor of the Climate Change and ESG Working Groups at FHFA, delivered closing remarks addressing climate change at the joint GSE Climate Risk Forum held on March 20 and 21, 2024 at the Freddie Mac Headquarters.
Daniel E. Coates, Executive Sponsor of the Climate Change and ESG Working Groups at FHFA, delivered remarks on FHFA and its regulated entities’ actions to address climate-related risk during the Ceres webinar, Charting Progress: Regulator Actions on Climate Financial Risks, on December 18, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, discussed the impact of climate change on the housing finance sector at the Insurance Information Institute (III) Town Hall held on November 30, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, participated in a panel on Climate-Related Risk for Housing Finance at the Financial Services Conference organized by the Consumer Federation of America on November 16, 2023.
Sandra L. Thompson, Director of FHFA, delivered remarks addressing climate change at the Financial Stability Oversight Council’s Climate-related Financial Risk Advisory Committee Meeting on October 20, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, delivered remarks on FHFA’s work to address climate change during an interview with National Mortgage Professionals on October 12, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, delivered closing remarks addressing climate change at the joint GSE Climate Risk Forum held on October 10, 2023.
Sandra L. Thompson, Director of FHFA, participated in a climate change Q&A organized by the National Association of Federally Insured Credit Unions (NAFCU) on September 13, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, delivered remarks which also touched upon climate change at the 2023 American Real Estate and Urban Economics Association (AREUEA) National Conference held on June 1, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, participated in a panel discussion on climate risk hosted by CoreLogic on May 10, 2023.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, delivered remarks on FHFA’s actions to address climate-related risk during the Ceres webinar, The Climate Risk Scorecard: Assessing U.S. Financial Regulator Action, on December 6, 2022.
Sandra L. Thompson, Director of FHFA, delivered remarks during the Financial Literacy Education Commission (FLEC) Public Meeting on November 17, 2022, which also touched upon climate.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, served as the keynote presenter for the September 30, 2022, Climate Adaptation Forum (CAF).
Sandra L. Thompson, Director of FHFA, addressed climate change during the National Association of Federally Insured Credit Unions (NAFCU)’s Congressional Caucus event in September 2022.
Daniel E. Coates, Deputy Director for the Division of Research and Statistics at FHFA, addressed climate change in a podcast on climate change risk organized by the National Association of Federally Insured Credit Unions (NAFCU) in August 2022.
FHFA Acting Director Sandra L. Thompson's Statement on Climate Change on December 27, 2021.