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Loan Modification

: Mortgage Lender Implode-o-Meter

Obama Administration Tries To Keep Up The PACE

By Implode-Explode Heavy Industries

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"The Property Assessed Clean Energy (PACE) program allows homeowners to finance their own solar panels or energy-savings retrofits by an addition to their property tax bill, but Fannie Mae and Freddie Mac have shut down the program. The Obama administration has tried through the Department of Energy to change the practices of the Federal Housing Finance Agency, which runs Fannie and Freddie, but thus far they have been unsuccessful."

Full post as published by Mortgage Lender Implode-o-Meter on July 04, 2010 (boomark / email).

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