A resolution recognizing that climate change poses a threat to the mortgage market and to home values.

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. Res. 555 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. RES. 555 Recognizing that climate change poses a threat to the mortgage market and to home values. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 17, 2025 Mr. Whitehouse (for himself, Mr. Merkley, Mr. Schatz, Mr. Markey, Mr. Van Hollen, Ms. Duckworth, Ms. Smith, Mr. Padilla, Mr. Welch, and Ms. Blunt Rochester) submitted the following resolution; which was referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ RESOLUTION Recognizing that climate change poses a threat to the mortgage market and to home values. Whereas a home is the largest asset of most individuals in the United States; Whereas analysts have found that sea-level rise is directly to blame for a loss in coastal home value, and that between 2005 and 2017, Florida, South Carolina, North Carolina, Virginia, and Georgia together lost $7,400,000,000 in home value due to sea-level rise related flooding; Whereas econ…