Fannie Mae has made some revisions to its popular Green Financing program to improve the processing of green mortgage loans. On Monday May 22nd, it issued a modified standard Guidance Form 4099 and 4099.H that updates the scope and format of the High Performance Building (HPB) Report, which is a requirement of Fannie Mae’s Green Rewards Program. Fannie Mae also authorized Lenders to now be able to review Green Building Certifications. The changes are effective immediately and aim to improve the speed and quality of its green programs.
In its communication, Fannie Mae announced that it now requires:
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