E-Mail to Congress:
EIN News says, "Regulators Push for Home Energy-Efficiency Program to Be Put on Hold. A program that encourages homeowners to take on debt to make their homes more energy efficient could damage the already fragile mortgage system and leave homeowners at risk, financial regulators said. (washingtonpost.com)"
Somebody in the Federal Housing Finance Agency (FHFA) has his head screwed on right. The key senior staff of the Agency consists of DeMarco, Cross, Dickerson, and Pollard. Kudos to all of them!
They saw that spending money on home energy improvements in a declining home price market, would be a bad investment for a home owner, and said so.
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