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  • Comment Detail

  • Date: 03/14/16
    First Name: Mike
    Last Name: Kerstetter
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA27

  • Comment

    I believe it is very important to ensure that homes (and especially low-income homes) are as energy efficient as possible. Doing so can help reduce mortgage risk, default rates, foreclosures, and displacements in a demographic that can least afford it. I believe PACE-type programs should increase as well. I would like to see Fannie and Freddie demonstrate leadership by creating a uniform buyer disclosure system to help borrowers better understand the energy and water consumption of the homes they’re about to purchase. Such a system should be incorporated into MLS listings and considered in every mortgage application. Finally, subsidies for home efficiency programs, especially for low income people, should become the norm because they deliver multiple benefits: energy independence for the U.S., carbon emission reduction, stabilization of homeownership rates, and decreased rates of foreclosures and bad loans.