Gov't to bolster the Property Assessed Clean Energy
Lawmakers introduced a bill that would prevent mortgage giants Fannie Mae and Freddie Mac from hindering the Property Assessed Clean Energy program. The program allows local governments to sell bonds to help homeowners finance energy-efficient upgrades. Fannie, Freddie and their regulator, the Federal Housing Finance Agency, argued that the program increases risk on the underlying mortgage.
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posted by Victor Lloyd Smith @ 10:26 PM
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