Summary

Requires mortgage creditors to collect and share home energy reports with borrowers and requires appraisers to consider information from those energy reports when valuing homes. Directs specified federal agencies to issue guidance, create an advisory committee, and set system requirements to support collection, sharing, and appraisal use; some rules begin March 1, 2026, and other requirements must be implemented within two years of enactment.

Key Points

• Mortgage creditors must collect home energy reports and share them with borrowers for covered loans.
• Appraisers are required to consider information from energy reports when valuing homes.
• Covered federal agencies must issue guidance, establish an advisory committee, and set systems requirements to support reporting and appraisal use.
• Some provisions take effect March 1, 2026; remaining requirements must be implemented within two years of enactment.
• The law defines terms such as "energy report," "HERS," "covered loan," and "qualified appraiser" to set scope.
• Implementation will require IT/system updates and likely impose compliance costs on lenders, appraisal management firms, and vendors.
• Borrowers will receive more standardized energy information that could influence mortgage underwriting and property valuations.
• No dedicated appropriation is specified in the section summary; agencies and private entities may need to absorb implementation costs.

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