Saturday , 19 August 2017

The Environmental Costs of a Mortgage

By Seth Welborn

According to new data, the mortgage industry costs the world 264,000 trees every year, thanks to its largely paper-driven processes. When the number of applications that don’t result in closings is considered, that number could even be conservative. The industry also consumes significant amounts of water, energy, and wood and results in greenhouse gas emissions.

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The Environmental Costs of a Mortgage

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