Search for Fha To No Longer Insure New Mortgages With Pace Loans on Bing

Andrew Khouri, Los Angeles Times: Business
Thu, 12/07/2017 - 5:00pm

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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