Test - Fannie Mae Green Mortgage Loan and Covered Buildings Activity Schedule

Fannie Mae Green Mortgage Loan and Covered Buildings Activity Schedule

The schedule below lists activities relevant to Servicers and Borrowers in connection with both the Green Measurement and Verification Service and Covered Buildings List requirements. Each program activity listed is paired with a Servicer action item and due date. Fannie Mae or Bright Power will be responsible for delivering the program activity. Servicers should reference this resource to see upcoming action items required throughout the year.

How to Read the Activity Schedule:

The activities below are divided into five categories:

Measurement: Pertaining to Borrowers that have Green Measurement reporting requirements.
Verification: Pertaining to Borrowers that require Verification and Green Impact Inspections.
Compliance Report: Fannie Mae Green Mortgage Loan Portfolio status updates, including Measurement Servicer Assistance Requests and Verification status.
Education: Upcoming webinars and informational resources for understanding and participating in Measurement & Verification activities.
Covered Buildings List: Pertaining to Borrowers that are required to benchmark their Properties’ energy and water data by state or local law.

Year: 2024

Q1—January

Q1—February

Q1—March

Year: 2023

Q1—January

Q1—February

Q1—March

Q2—April

Q2—May

Category	Who Delivers Activity	Delivery Date	Program Activity	Servicer Action Item	Due Date
Compliance Report	Bright Power	05/01/2023	Delivery of Compliance Report	Servicers take necessary steps to resolve: Measurement Servicer Assistance Requests listed on the Servicer Assistance tab of Compliance Report. Contact Bright Power for additional information if needed. Verification inspections and remediation past due.	05/08/2023
Education	Bright Power	05/16/2023	Compliance Webinar	Servicers are encouraged to attend the webinar to learn more about the M&V Compliance Report.	05/16/2023
Measurement	Fannie Mae	05/22/2023	Measurement Setup requirement reminder notification	Servicers direct Borrowers to contact Bright Power within 60 days of Mortgage Loan Origination Date to Complete Measurement Setup. Fannie Mae provides Servicers with an email template in DPM to send to new Borrowers introducing the Measurement Setup requirement.
Covered Buildings List	Fannie Mae	05/31/2023	Delivery of 2023 Covered Building List (CBL) package in the Servicer Communications dashboard in DPM	Servicers send email templates notifying Borrowers of the CBL benchmarking requirements using the property list provided.	06/14/2023
Education	Bright Power	05/31/2023	CBL Webinar	Servicers are encouraged to attend the webinar to learn more about the Covered Buildings List.	05/31/2023

Q2—June

Category	Who Delivers Activity	Delivery Date	Program Activity	Servicer Action Item	Due Date
Compliance Report	Bright Power	06/01/2023	Delivery of Compliance Report	Servicers take necessary steps to resolve: Measurement Servicer Assistance Requests listed on the Servicer Assistance tab of Compliance Report. Contact Bright Power for additional information if needed. Verification inspections and remediation past due.	06/08/2023
Education	Bright Power	06/01/2023	"Servicers Guide to the M&V Compliance Report" delivered with Compliance Report	Servicers are encouraged to reference this Guide to learn more about the Compliance Report.	06/01/2023
Verification	Fannie Mae	06/12/2023	Creation of Verification Records in the Other Green Requirements dashboard in DPM	Servicers upload completed Verification inspection forms to each record as they become due.
Verification	Fannie Mae	06/12/2023	Delivery of updated Form 4221 (Spring 23) and Verification Inspection Servicer Property List (Spring 23) in the Servicer Communications dashboard in DPM	Servicers send email templates to Borrowers with details on their selection for a Green Impact Inspection. Servicers prepare 4221 forms for each property with initiated status in the Other Green Requirements dashboard in DPM.	06/30/2023

Q3—July

Q3—August

Category	Who Delivers Activity	Delivery Date	Program Activity	Servicer Action Item	Due Date
Compliance Report	Bright Power	08/01/2023	Delivery of Compliance Report	Servicers take necessary steps to resolve: Measurement Servicer Assistance Requests listed on the Servicer Assistance tab of Compliance Report. Contact Bright Power for additional information if needed. Verification inspections and remediation past due.	08/08/2023
Measurement	Bright Power	08/01/2023	Bright Power requires all Measurement Property Setup Forms submitted to ensure 2023 Measurement submissions are completed	Servicers use the August Compliance Report to contact Borrowers with 2023 Measurement reporting requirements who have not submitted a Measurement Property Setup Form. Servicers request those Borrowers submit their Measurement Property Setup Form to Bright Power before the 8/25 deadline.	08/25/2023
Verification	Bright Power	08/18/2023	Send Green Impact Inspection Kickoff email	Review the attached spreadsheet of properties that should expect to receive a Green Impact Inspection by Year End, and: Provide/confirm contact information for the Green Impact Inspection scheduling. Indicate if the property is ready for inspection. If the property is not ready for inspection, select the reason and write a comment if needed. Once the above is completed for the entire list, send the list to fanniemae-verification@brightpower.com.	09/01/2023

Q3—September

Category	Who Delivers Activity	Delivery Date	Program Activity	Servicer Action Item	Due Date
Compliance Report	Bright Power	09/01/2023	Delivery of Compliance Report	Servicers take necessary steps to resolve: Measurement Servicer Assistance Requests listed on the Servicer Assistance tab of Compliance Report. Contact Bright Power for additional information if needed. Verification inspections and remediation past due.	09/08/2023
Measurement	Bright Power	09/01/2023	Wrap up Annual Measurement Borrower engagement campaign: Bright Power requires all Utility Data Access submitted to ensure 2023 Measurement submissions are completed	Servicers use the September Compliance Report to contact Borrowers with 2023 Measurement reporting requirements who have not submitted all Utility Data Access. Servicers request those Borrowers submit their Utility Data Access to Bright Power before Final Data Access Deadline 9/22.	09/22/2023
Covered Buildings List	Fannie Mae	09/01/2023	Delivery of the CBL requirement reminder email template and list of properties that have not reported as of 8/1 in the Servicer Communications dashboard in DPM	Servicers send out reminder email templates reminding Borrowers of the CBL reporting requirement using the property list provided.	09/15/2023
Education	Bright Power	09/13/2023	M&V Webinar for Borrowers and Servicers	Servicers are encouraged to attend the webinar to learn more about the Measurement and Verification Service.	09/13/2023

Q4—October

Category	Who Delivers Activity	Delivery Date	Program Activity	Servicer Action Item	Due Date
Compliance Report	Bright Power	10/02/2023	Delivery of Compliance Report	Servicers take necessary steps to resolve: Measurement Servicer Assistance Requests listed on the Servicer Assistance tab of Compliance Report. Contact Bright Power for additional information if needed. Verification inspections and remediation past due.	10/09/2023
Measurement	Bright Power	10/02/2023	End Annual Measurement Borrower engagement campaign: Final opportunity for Borrowers to provide property and utility information needed for this year’s Measurement reporting	Servicers use the October Compliance Report to contact Borrowers and request they submit all property and utility information needed for Measurement reporting by the extended deadline of 10/13	10/13/2023
Verification	Fannie Mae	10/20/2023	Delivery of updated Form 4221 (Fall 23) and Verification Inspection Servicer Property List (Fall 23)	Servicers send email templates to Borrowers with details on their selection for a Green Impact Inspection. Servicers prepare 4221 forms for each property with initiated status in the Other Green Requirements dashboard in DPM.	10/20/2023

Q4—November

Q4—December

This schedule uses the best information available at the time of publishing. Bright Power is committed to updating this schedule as needed and will ensure Servicers have sufficient time to review each communication request prior to the listed deadline. If you have questions, please contact fanniemaegreen@brightpower.com.