Workers install solar panels on a roof. Lawmakers this week approved more consumer protections for PACE loans, which pay for energy-efficient home improvements, after some borrowers said they didn't understand what they were getting into. Foreclosure News
This spring's housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a decade, the National Association of REALTORSA reported Friday. Strong sales gains in the Northeast and Midwest were behind most of the nationwide 4.4 percent […]
In Southern California's six counties, 12,435 foreclosure filings were made in the first quarter. That's down 23 percent in a year and 64 percent below 10 years ago. Foreclosure News
In Southern California's six counties, 12,435 foreclosure filings were made in the first quarter. That's down 23 percent in a year and 64 percent below 10 years ago. Foreclosure News
The meteoric rise of Property Assessed Clean Energy financing over the past few years has been surprising even to those working in clean energy finance. Since its inception in 2009, PACE has enabled $ 3.3 billion in renewable energy and energy-efficiency investments in people's homes, $ 2.8 billion of which occurred in 2016 alone. Foreclosure […]
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Property-assessed clean energy financing offers an affordable way to upgrade your home. But have you read the fine print? Property-assessed clean energy financing offers an affordable way to upgrade your home. Foreclosure News
Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades. It's an indication that investors are becoming more comfortable with the risk of Property Assessed Clean Energy Bonds, which ultimately are backed by assessments on […]
This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes. Foreclosure News
The U.S. Department of Housing and Urban Development and Federal Housing Administration issued Mortgagee Letter 2016-11, which specifically permits properties encumbered with a Property Assessed Clean Energy obligation to be eligible for FHA-insured mortgage financing, whether for new purchases or refinancing. The guidance goes into effect this week on September 17, 2016. Foreclosure News