ICE Climate, Property and Loan-Level Datasets Provide Holistic Visibility into Broad-Based Housing Sector Risk
“Home affordability has been a defining challenge of the U.S. housing market since the pandemic,” said Ben Graboske, President of Mortgage Data and Analytics at ICE.
- “Home affordability has been a defining challenge of the U.S. housing market since the pandemic,” said Ben Graboske, President of Mortgage Data and Analytics at ICE.
- “Until now, the focus has mainly been the low inventory, rising interest rates and high home prices that have been straining affordability.
- Combining this information with ICE’s property-level climate risk metrics that cover more than 100M US homes will help improve transparency and risk understanding throughout the housing finance sector.
- ICE is also leveraging the combined insight to incorporate enhanced asset-level climate risk modeling for its existing municipal bond and mortgage-backed securities products.