Energy Improvement Loans May Need to Be Paid Off
Sep 1, 2010 – fannnie mae,finance agency,freddie mac,housing,pace program,Property Assessed Clean Energy,property tax assessments,sierra club
Yesterday, government-chartered mortgage companies Freddie Mac and Fannnie Mae sent letters to lenders throughout the country stating that homeowners trying to refinance mortgages who financed clean energy improvements on their homes through the Property Assessed Clean Energy, or PACE program, must utilize equity in their homes to pay off those loans before their home mortgage…
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