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Search Results: keywords:"energy reports"

  • S. 4340 aims to ensure accurate energy appraisals are considered when assessing residential mortgage loans in the United States. It mandates that lenders provide borrowers with energy-related information about their properties as part of the appraisal process, potentially...

    Simple Explanation

    S. 4340 is a bill that wants to add information about how energy-efficient a home is when people are figuring out how much a house is worth for a loan. This means they need to consider things like solar panels and good insulation, which might help people get a better loan deal if they have these features in their home.

  • S. 1178, titled the "Getting Renewable and Energy Efficient Neighborhoods Appraisals Act of 2025," aims to improve how energy efficiency is considered in home appraisals connected with residential mortgage loans. It requires loan creditors to inform borrowers about the option...

    Simple Explanation

    S. 1178 is about making sure houses are checked for how good they are at saving energy when people want loans to buy them. It says that people who check the value of houses should also look at how much energy the house will save, which helps everyone understand the house's true worth.