The great American ‘homewashing’ is happening under our noses ...Middle East

This is about a $1 trillion government-sponsored enterprise built upon a myth — the myth of the American home. It is also about reform on the way.  We have become familiar with the term “greenwashing,” defined by Investopedia as: “The act of providing the public or investors with misleading or outright false information about the environmental impact of a company’s products and operations.”  “Homewashing” is the same concept, except the object of the deception is housing rather than the environment. The most prominent purveyor of homewashing is the massive government-sponsored enterprise known as the Federal Home Loan Banks. There are 11 regional FHLBs from Boston to San Francisc

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