Adopting up-to-date energy codes would not only save families thousands in energy costs but also reduce risks for lenders In a joint effort to enhance long-term housing affordability and reduce financial risk, a group of consumer and mortgage lenders has penned a letter to the Federal Housing Finance Agency (FHFA) expressing support for adopting updated energy codes for newly constructed homes backed by Fannie Mae and Freddie Mac (the Enterprises), which guarantee nearly half of new home mortgages each year. The coalition of lenders, most of which are members of the Global Alliance for Banking on Values, spans states across [...]