On Monday, a coalition of eight senators submitted a letter to FHFA Director Sandra Thompson urging a phase-in of energy-efficiency standards for government-backed mortgages.
The senators highlighted the importance of modernized energy-efficiency standards, stating it would save homeowners money and create a more stable housing market.
With the end of the second quarter fast approaching, the senators requested an update on the intended timeline for implementing energy efficiency standards.
Earlier this year, HUD and USDA reached an accord on energy-efficiency standards that the FHFA has the opportunity to match or exceed.
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