Exploring Mortgage Credit Markets and Associated Risks

This episode features MIT alum Dave Burt, CFA, Founder and CEO of DeltaTerra Capital, who is at the forefront of quantifying the growing risks the climate crisis poses to real estate and mortgage markets.

Drawing on his background in managing a global macro portfolio as a Partner at BlueMountain Capital Management and his strategic leadership at Bain & Company, Dave offers a uniquely rigorous, data-driven perspective on uncovering often-overlooked climate-related market inefficiencies.

In this conversation, current MSRED student Sam Jakshtis and Dave explore how his work is shaping a new understanding of property valuation and investment strategy in an era of increasing climate volatility.

Paper Reference: Adaptation Using Financial Markets: Climate Risk Diversification through Securitization: https://www.nber.org/papers/w32244

Interview by: Sam Jakshtis, MSRED Candidate 2025

Director:  Denise DeLorey

Production by: Lacey Cochran

Music from ⁠⁠⁠⁠⁠#Uppbeat⁠⁠⁠⁠⁠: ⁠⁠⁠⁠https://uppbeat.io/track/mark-july/dance-with-me?rt=uc-referral⁠⁠⁠⁠

License code: KQAWWN4CWQXDF01E

https://cre.mit.edu/