Simone Beaty's guest appearances

Simone Beaty

RESTalk

Housing News

HousingWire Daily 

Freddie Mac

Fannie Mae

David Dworkin

Ben Carson

Shant Banosian

Sue Woodard

Grant Moon

Brian Holland

Nima Wedlake

Jonathan Corr

Geoff Zimpfer

Ed Pinto

Kristy Fercho

Michael Franco

Tim Mayopoulos

OwlTail

“Sustainability is no longer about doing less harm. It’s about doing more good.” Jochen Zeitz   How is the topic of energy efficiency in new single-family homes addressed in the mortgage industry?   What pillars of ESG (Environmental, Social &amp; Governance) are at play in this system and who are the players?   We are joined on today’s podcast by Simone Beaty who is the Director of Housing Policy with Freddie Mac.   Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and to help ensure a reliable and affordable supply of mortgage funds across the country.    Freddie Mac operates in the U.S. secondary mortgage market, buying loans that meet their standards from approved lenders. Freddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world.   Drawing on her in depth experience in the financial services industry and strong finance related skills in housing policy strategies, Simone explains how Single-Family Green Mortgage Backed Securities support Freddie Mac’s focus on financing energy efficiency in new and existing single-family homes.   These activities help to preserve home affordability over time and attract capital to promote sustainable activities through mortgage financing.   Simone shares with us data, statistics, and trends on topics such as remodeling and repairs, work from home impact, and solar installations. She describes the criteria necessary for qualifying mortgages including the minimum HERS score.   She notes the important impact of the increase in HERS ratings and how this helps more builders relate to more consumers the ties to sustainability that come from Home Energy Ratings.   To learn more about FreddieMac’s Single Family Green Bonds go to this link:  https://capitalmarkets.freddiemac.com/mbs/green-sfmbs   Or download this framework document:  https://capitalmarkets.freddiemac.com/mbs/docs/Freddie_Mac_SF_Green_Bond_Framework.pdf     RESTalk: To the RESNET community, we hear you and want to engage. Learn more at www.RESNET.us Or for more info on this topic contact RESNET at INFO@RESNET.US

“Sustainability is no longer about doing less harm. It’s about doing more good.” Jochen Zeitz How is the topic of energy efficiency in new single-family homes addressed in the mortgage industry? What pillars of ESG (Environmental, Social &amp; Governance) are at play in this system and who are the players? We are joined on today’s podcast by Simone Beaty who is the Director of Housing Policy with Freddie Mac. Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and to help ensure a reliable and affordable supply of mortgage funds across the country.  Freddie Mac operates in the U.S. secondary mortgage market, buying loans that meet their standards from approved lenders. Freddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world. Drawing on her in depth experience in the financial services industry and strong finance related skills in housing policy strategies, Simone explains how Single-Family Green Mortgage Backed Securities support Freddie Mac’s focus on financing energy efficiency in new and existing single-family homes. These activities help to preserve home affordability over time and attract capital to promote sustainable activities through mortgage financing. Simone shares with us data, statistics, and trends on topics such as remodeling and repairs, work from home impact, and solar installations. She describes the criteria necessary for qualifying mortgages including the minimum HERS score. She notes the important impact of the increase in HERS ratings and how this helps more builders relate to more consumers the ties to sustainability that come from Home Energy Ratings. To learn more about FreddieMac’s Single Family Green Bonds go to this link: <a href="https://capitalmarkets.freddiemac.com/mbs/green-sfmbs" rel="nofollow" target="_blank"> https://capitalmarkets.freddiemac.com/mbs/green-sfmbs</a> Or download this framework document: <a href="https://capitalmarkets.freddiemac.com/mbs/docs/Freddie_Mac_SF_Green_Bond_Framework.pdf" rel="nofollow" target="_blank"> https://capitalmarkets.freddiemac.com/mbs/docs/Freddie_Mac_SF_Green_Bond_Framework.pdf</a> RESTalk: To the RESNET community, we hear you and want to engage. Learn more at <a href="http://www.resnet.us/" rel="nofollow" target="_blank">www.RESNET.us</a> Or for more info on this topic contact RESNET at INFO@RESNET.US

EP101 Freddie Mac’s Green Mortgage Program with Simone Beaty

Today’s HousingWire Daily features a Housing News Podcast crossover episode that includes an interview with Simone Beaty, the director of single-family affordable lending initiatives at Freddie Mac.  In this episode, Beaty explains how Freddie Mac is supporting shared equity programs as the COVID-19 pandemic continues to financially strain Americans nationwide. 

Today’s <a href="https://podcasts.apple.com/us/podcast/housingwire-daily/id1518666256" rel="nofollow" target="_blank">HousingWire Daily</a> features a <a href="https://podcasts.apple.com/us/podcast/housing-news/id1426081802" rel="nofollow" target="_blank">Housing News Podcast</a> crossover episode that includes an interview with <a href="https://www.linkedin.com/in/simone-beaty-027b4b29/" rel="nofollow" target="_blank">Simone Beaty</a>, the director of single-family affordable lending initiatives at <a href="http://www.freddiemac.com/" rel="nofollow" target="_blank">Freddie Mac</a>.  In this episode, Beaty explains how Freddie Mac is supporting shared equity programs as the COVID-19 pandemic continues to financially strain Americans nationwide.

Freddie Mac's Simone Beaty on housing affordability

This week, Simone Beaty, the director of single-family affordable lending initiatives  Freddie Mac, joins the Housing News Podcast to discuss the GSE’s affordable housing initiatives, as well as what it is doing to prepare consumers for next year’s home buying market.During the interview, Beaty also discusses how Freddie Mac is supporting shared equity programs as many Americans continue to face financial hardships due to the COVID-19 pandemic.Here is a small preview of the interview with Simone Beaty. The transcript below has been lightly edited for length and clarity:HW: What are some of the very unique challenges in making sure affordable housing is available for low- to moderate-income borrowers who have been affected by the COVID crisis?Simone Beaty: What we always bump into is that demand for units has outpaced supply. So, we're always trying to figure out how we can best deal with the supply issue and access to credit. We try to tackle both and sometimes solutions can be merged, where we are looking at flexible qualifying requirements that take into account things like nontraditional credit. We also make sure people who are not mortgage ready understand what steps they need to take to be prepared, so they are not blindly applying for a loan. Additionally, Freddie Mac offers some flexibilities for borrowers that may not meet the traditional credit profile, so if they're not necessarily the cookie-cutter kind of creditworthy borrower, there is enough room in the qualifying requirements that give lenders the ability to make sure they can fit within the conventional lending realm.The Housing News podcast explores the most important topics happening in mortgage, real estate and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd.

This week, <a href="https://www.linkedin.com/in/simone-beaty-027b4b29/" rel="nofollow" target="_blank">Simone Beaty</a>, the director of single-family affordable lending initiatives  <a href="http://www.freddiemac.com/" rel="nofollow" target="_blank">Freddie Mac</a>, joins the <a href="https://podcasts.apple.com/us/podcast/housing-news/id1426081802" rel="nofollow" target="_blank">Housing News Podcast</a> to discuss the GSE’s affordable housing initiatives, as well as what it is doing to prepare consumers for next year’s home buying market.During the interview, Beaty also discusses how Freddie Mac is supporting shared equity programs as many Americans continue to face financial hardships due to the COVID-19 pandemic.Here is a small preview of the interview with Simone Beaty. The transcript below has been lightly edited for length and clarity:HW: What are some of the very unique challenges in making sure affordable housing is available for low- to moderate-income borrowers who have been affected by the COVID crisis?Simone Beaty: What we always bump into is that demand for units has outpaced supply. So, we're always trying to figure out how we can best deal with the supply issue and access to credit. We try to tackle both and sometimes solutions can be merged, where we are looking at flexible qualifying requirements that take into account things like nontraditional credit. We also make sure people who are not mortgage ready understand what steps they need to take to be prepared, so they are not blindly applying for a loan. Additionally, Freddie Mac offers some flexibilities for borrowers that may not meet the traditional credit profile, so if they're not necessarily the cookie-cutter kind of creditworthy borrower, there is enough room in the qualifying requirements that give lenders the ability to make sure they can fit within the conventional lending realm.The Housing News podcast explores the most important topics happening in mortgage, real estate and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd.

Freddie Mac's Simone Beaty talks affordable housing