General World News

Senators urge FHFA to phase in new energy standards for GSE-backed mortgages

On Monday, a coalition of eight senators — seven Democrats and one Independent — submitted a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson, urging her to phase in a series of modernized energy-efficiency standards for mortgages backed by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

The signatories include Sens. Cory Booker (D-N.J.); Martin Heinrich (D-N.M.); Ed Markey (D-Mass.); Bernie Sanders (I-Vt.); Jeanne Shaheen (D-N.H.); Chris Van Hollen (D-Md.); Elizabeth Warren (D-Mass.); and details ⇒

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