The Federal Housing Administration will stop insuring new mortgages on homes with PACE loans, a type of controversial financing used to fund energy-efficient home improvements. The announcement Thursday follows criticism from consumer groups that too many borrowers have taken out unaffordable loans...

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  • DAVID W. MYERS: FHA stops lending on homes with energy-efficient PACE liens
    Now, we've heard that the FHA will no longer insure mortgages that have a PACE assessment. So, where does that leave us? Are we going to have to refinance our current FHA mortgage with a non-FHA lende...
    01/20/2018 - 1:01 pm | View Link
  • FHA to Cease Insuring Mortgages With PACE Loans
    The Federal Housing Administration (FHA) is ceasing to insure mortgages on homes participating in the Property Assessed Clean Energy (PACE) program ... “FHA can no longer tolerate putting taxpayers at ...
    12/12/2017 - 8:03 am | View Link
  • Construction and Data Validation Products; FHA, VA, HECM Changes
    FHA announced it is reversing a short-lived policy announced in July of 2016 and will no longer insure new mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. FHA h...
    12/12/2017 - 1:16 am | View Link
  • Construction and Data Validation Products; FHA, VA, HECM Changes
    FHA announced it is reversing a short-lived policy announced in July of 2016 and will no longer insure new mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. FHA h...
    12/11/2017 - 1:23 am | View Link
  • FHA to Halt Insuring Mortgages on Homes With Pace Assessments
    today announced it is reversing a short-lived policy announced in July of 2016 and will no longer insure new mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. Rea...
    12/7/2017 - 7:53 pm | View Link
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