Friday, April 29, 2011

FHA, Fannie Mae programs back loans for energy-efficient upgrades to your home

The Washington Post reports:
If you’ve been looking for a way to pay for energy improvements to your house, two little-publicized new mortgage programs could provide you the cash you need.

Both the Federal Housing Administration and mortgage investor Fannie Mae recently launched start-ups in the energy conservation arena.
The newest scam from Fannie Mae.