Protecting Your Portfolio from Natural Disasters
Famed science fiction author Arthur C. Clarke once wrote that while humans can show mercy, “against the laws of nature, there is no appeal.” Recently, we’ve all learned how very true that is.
There’s no doubt that natural disasters in the U.S. are increasing in number and scope, and it’s having a particular impact on how mortgage companies treat their portfolios. When thinking about protecting your portfolios from the impacts of natural disasters, here are three things to keep in mind.