News Brief
Underwriting Standards for Green Mortgage-Backed Securities
Mike Italiano, U.S. Green Building Council cofounder and current CEO of the Institute for Market Transformation to Sustainability, recently announced a new set of underwriting standards for investors interested in backing commercial green building projects.
The forthcoming standards are ANSI-approved and are the result of a four-year collaboration with Capital Markets Partnership, a coalition of banks, money managers, and governments. The partnership is also at work designing a securities product called “Sustainable Building Securities,” a bond that will be backed 100% by green mortgages. For more information, visit www.capitalmarketspartnership.com.Published September 25, 2009 Permalink Citation
Ward, A. (2009, September 25). Underwriting Standards for Green Mortgage-Backed Securities. Retrieved from https://www.buildinggreen.com/newsbrief/underwriting-standards-green-mortgage-backed-securities
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