Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions
CFPB Monitor
MARCH 17, 2020
FHFA describes PACE transactions as being part of residential energy retrofitting programs that are created through special state legislation and result in the financed part of the transaction resulting in a tax assessment on the home, which is a ‘‘super-priority lien’’ over existing and subsequent first mortgages. (As
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