Archive for July 4, 2010

FHFA Reportedly Refuses to Budge on PACE Liens

Posted on July 4, 2010, 6:25 pm, by Morris, under News.

Discouraging news on the status of PACE financing began to leak out of Washington this holiday weekend with reports that the Obama administration has failed to persuade the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to accept mortgages on properties with PACE liens attached. Late Friday, PACE financing pioneer Cisco DeVries of [...]

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