True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

Top CFPB official “hates” QM rules, jeopardizing safe harbor

A top CFPB official in charge of the rule-making process has heavily criticized the agency's own qualifying mortgage rule, jeopardizing safe harbor.

Fraud risk factors at closing increased almost 90% last quarter

A variety of risk factors could be contributing to the drastic increase in wire and title fraud risk factors in mortgage and real estate closings – for example, compliance issues and an increase in transaction data errors.

MortgageReal Estate

NAHB to Congress: Let’s work together to increase energy efficiency in homes

Homebuilders group willing to work with officials at all levels of government

As climate talks are heating up, the National Association of Home Builders told Congress on Thursday that it wants to partner with officials at all levels of the government to encourage energy efficient homebuilding, but does not want that to exacerbate the affordability problems that already exist.

Arn McIntyre, a green builder from Grand Rapids, Michigan, testified before the House Energy and Commerce Subcommittee on Energy on behalf of the NAHB, and urged the importance of green building incentives. 

"These programs lower total ownership costs through utility savings as well as provide the flexibility builders need to construct homes that are cost-effective, affordable and appropriate to a home's geographic location," McIntyre said.

According to the NAHB, new home construction is more energy efficient than existing construction because new homes have better insulation and more energy efficient appliances. 

McIntyre also noted that any federal mandates would have a negative impact on housing affordability and will prevent healthy competition in the marketplace, incentives play an important role in providing homeowners a cost-effective way to invest in energy efficiency. 

"Targeting new homes would harm housing affordability and encourage people to remain in older, less energy-efficient homes. In turn, this would result in higher energy usage, higher greenhouse gas emissions and lower standards of living," he said. "Improving the energy efficiency of the 130 million homes built before 2010 that are much less energy efficient than today's new homes is a much more effective approach to reduce carbon emissions and achieve energy savings."

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