Energy-efficient mortgage data collection gets going
Mortgage industry bodies are pressing ahead with a pilot scheme to collect data on mortgages on energy-efficient homes, which could eventually help promote issuance of green covered bonds and mortgage-backed securities.
The European Mortgage Federation (EMF) and European Covered Bond Council (ECBC) are set to press ahead with the scheme, pending funding from the European Commission, delegates at the ECBC plenary session in Barcelona heard on Wednesday.The premise is that borrowers of so-called 'energy-efficient mortgages' are less likely to ...
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