ESG

The Task Force on Climate related financial disclosures (TCFB) are requiring banks to report their climate risk exposure and become more focused on green finance metrics. Sustainability is now becoming an integral part of the green/ESG underwriting framework. Financial institutions and government regulators are now realizing their is a need to connect the environmental performance of real estate with dedicated green mortgage products. In December 2020 The US Federal Reserve board joined the network for greening the financial system.(NGFS). In 2023 The SEC will require mandatory Co2 emissions disclosure from public companies... The small business administration (SBA) is an independent agency of the Federal government. Designed to facilitate guaranteed financing for small business that require funding. Similar to Fannie Mae and Freddie Mac guaranteeing mortgages on the secondary market. All government agencies only guarantee a portion of the financed amount. The borrowers down payment..