Nation: Feds Announce Changes to PACE Loans

The Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) announced changes to the treatment of Property Assessed Clean Energy (PACE) loans. This new guidance, which goes into effect immediately, states that PACE loans will remain in a subordinated position on most FHA mortgages, in line with long-standing guidance from the Federal Housing FinanceContinue reading “Nation: Feds Announce Changes to PACE Loans”

Nation: NAR on Dodd-Frank

On June 9, the House Small Business Subcommittee on Economic Growth, Tax and Capital Access held a hearing titled “Bearing the Burden: Overregulation Impact on Small Banks and Rural Communities.” During the hearing Committee members questioned witnesses from small, community banks about the impact of Dodd-Frank regulations on their ability to serve their communities. TheContinue reading “Nation: NAR on Dodd-Frank”