{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"EP101 Freddie Mac\u2019s Green Mortgage Program with Simone Beaty","description":"\u201cSustainability is no longer about doing less harm. It\u2019s about doing more good.\u201d Jochen Zeitz How is the topic of energy efficiency in new single-family homes addressed in the mortgage industry?   What pillars of ESG (Environmental, Social & Governance) are at play in this system and who are the players? We are joined on today\u2019s podcast by Simone Beaty who is the Director of Housing Policy with Freddie Mac.   Freddie Mac was chartered by Congress in 1970 to\u202fsupport the U.S. housing finance system and\u202fto\u202fhelp ensure a reliable and affordable supply of mortgage funds across the country.\u202f   Freddie Mac operates in the U.S. secondary mortgage market,\u202fbuying\u202floans that meet their standards from approved lenders.\u202fFreddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world.   Drawing on her in depth experience in the financial services industry and strong finance related skills in housing policy strategies, Simone explains how Single-Family Green Mortgage Backed Securities support Freddie Mac\u2019s focus on financing energy efficiency in new and existing single-family homes.   These activities help to preserve home affordability over time and attract capital to promote sustainable activities through mortgage financing.   Simone shares with us data, statistics, and trends on topics such as remodeling and repairs, work from home impact, and solar installations. She describes the criteria necessary for qualifying mortgages including the minimum HERS score.   She notes the important impact of the increase in HERS ratings and how this helps more builders relate to more consumers the ties to sustainability that come from Home Energy Ratings.   To learn more about FreddieMac\u2019s Single Family Green Bonds go to this link: https:\/\/capitalmarkets.freddiemac.com\/mbs\/green-sfmbs   Or download this framework document: https:\/\/capitalmarkets.freddiemac.com\/mbs\/docs\/Freddie_Mac_SF_Green_Bond_Framework.pdf     RESTalk: To the RESNET community, we hear you and want to engage. Learn more at www.RESNET.us Or for more info on this topic contact RESNET at INFO@RESNET.US ","author_name":"RESTalk","author_url":"http:\/\/www.resnet.us\/","html":"