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Posts Tagged ‘senior lien’

Fannie and Freddie can’t keep up the PACE

By • Jul 16th, 2010 • Category: real estate newsflash

The current administration has implemented a new program to help homeowners install energy improvements and then pay them back over time. $150 million of stimulus money has been devoted to the program, known as Property Assessed Clean Energy (PACE). PACE allows for local governments to borrow by issuing bonds and using the funds to lend [...]