Eight senators are pressing the Federal Housing Finance Agency (FHFA) to implement updated energy-efficiency requirements that were introduced by the Department of Housing and Urban Development (HUD) and the United States Department of Agriculture (USDA) earlier in the year. The move comes as part of a broader push to ensure that home mortgage lending practices are in alignment with the latest sustainability standards.
Key points from the text:
– Eight senators are calling on the FHFA to adopt new energy-efficiency standards
– The standards were introduced by HUD and USDA earlier this year
– The goal is to align home mortgage lending practices with sustainability standards
– This initiative reflects a growing focus on environmental considerations in the mortgage industry
You can read this full article at: https://www.housingwire.com/articles/senators-fhfa-phase-in-new-energy-standards-gse-backed-mortgages/(subscription required)
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