CFPB Enhances Protections for Home Improvement Loans
Appraisal Buzz
DECEMBER 17, 2024
The Consumer Financial Protection Bureau (CFPB) has finalized a rule mandated by Congress that applies existing residential mortgage protections to Property Assessed Clean Energy (PACE) loans. PACE loans are used by homeowners for clean energy upgrades and disaster readiness that are paid back through their property tax bills.
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