Navigate Up
Sign In
Español | Kreyòl | More
Skip navigation links
About Us
Meetings & Events
Related Links
What is Affordable Housing
Skip navigation links
HOME
Quarterly Newsletter
News -Archive
News -January 2014
News -February 2014
News -March 2014
News -April 2014
News -May 2014
News -June 2014
News -July 2014
Study Finds Decrease in Loan Defaults of Homes Near Sustainable Features

Fannie Mae
JUly 1, 2013

commutingFannie Mae published “The Effect of Transportation, Location, and Affordability Related Sustainability Features on Mortgage Default Prediction and Risk in Multifamily Rental Housing,” a study conducted by Gary Pivo of the University of Arizona.  Pivo scrutinized over 37,000 Fannie Mae loans analyzing the following seven sustainability variables:  commute time, access to public transportation, walkability, home affordability, retail presence, freeway proximity and nearby protected areas (such as parks).  The report finds that inclusion of the sustainability features dramatically lowered the risk of loan defaults across the board.  More…

 

 Next>