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Citing climate risk, investors bet against mortgage market

28 Sep Citing climate risk, investors bet against mortgage market

Posted at 12:00h in News by
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David Burt helped two of the
protagonists of Michael Lewis’ book The Big Short bet against
the U.S. mortgage market in the run-up to the 2008 financial
crisis. Now he’s betting against the market again, but this
time, the risk is not from underwater subprime mortgages, it’s
from homes sinking under water.

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