Holtermans, Rogier; Kahn, Matthew E.; Kok, Nils - 2022
-related disasters – Hurricanes Harvey and Sandy – with longitudinal information on commercial mortgage performance, this paper … identifies the impact of climate risks on mortgage delinquency rates for commercial real estate mortgages. The results show that … both Harvey and Sandy led to elevated levels of commercial mortgage delinquency, with significant heterogeneity based on …