Johnston noted that there isn't a standard definition for features that make a new or existing home green. He said Genworth MI's view includes sustainable construction practices with minimal waste, use of energy and water-efficient appliances, and retrofitting homes to add items like energy efficient windows and insulation. He added that Genworth MI is closely following efforts to develop education, standardization, measurement and verification guidelines that ultimately may allow homeowners to reap the benefits of green design in the context of responsible lending.In the video, Johnston also describes Genworth's approach to establishing the value of the mortgages it insures. "One thing we know is that markets change and will continue to change. We have lots of tools to measure those changes to see what's happening, both now and what's likely to happen in the future. That type of information is valuable in understanding risk."
Important To Understand How To Value Homes That Incorporate Green Or Sustainable Building Methods, Says Genworth Mortgage Insurance Video
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