As part of its Green Bond Program, Fannie Mae is issuing a Single-Family Green Mortgage-Back Security (MBS). The Single-Family Green MBS will cover mortgage loans backed by newly constructed single-family residential homes with ENERGY STAR® certifications that meet or exceed the national program requirements for ENERGY STAR Certified Homes, Version 3.0. Through the program, Fannie Mae purchases loans from participating primary mortgage lenders through the program with funding from green bonds. The participating lenders then offer better-termed mortgage loans to purchase energy efficient homes built by participating builders. Through three issuances Fannie Mae has provided funding of over $30 million through DHI Mortgage and Eagle Home Mortgage to finance homes built by the participating builders D.R. Horton and Lennar. Fannie Mae partnered with the RESNET Accredited Rating Provider PEG, LLC to ensure that all properties underlying the MBS received the ENERGY STAR certification. Matthew Cooper, PEG LLC Senior Vice President offered the following comments on the program, “We are extremely pleased here at PEG to be working with Fannie Mae and the builders who are participating in this program. Gaining mortgage industry recognition for high performance residential new construction is a pivotal opportunity to shape the market for the foreseeable future. We commend them on their foresight as well as that of the builders, the ENERGY STAR Certified New Homes program, and the parties that are buying the Single-Family Green MBS offerings.” For more information go to Fannie Mae Single-Family Green Mortgage-Backed Security Program.