Posts with tag PACE

Energy Efficiency Loans Lose the Backing of Fannie Mae and Freddie Mac

Homeowners looking for a hand with energy efficiency just got dealt a big blow – and the fallout could affect everyone looking to take out a mortgage. As the Wall Street Journal reports, the federal regulator that oversees Fannie Mae and Freddie Mac announced this week that it will not permit homeowners with... Continue Reading »

Is Fannie Mae Getting Too Stingy?

Many borrowers with existing mortgages are set to get a big break, thanks to the Obama administration's new support for forgiving loan principal, but it's getting tougher out there for new customers to get a mortgage. The latest to strike out are buyers trying to purchase apartments in New York's ritzy Battery Park City.... Continue Reading »

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