The Mortgage Bankers Association believes energy efficient home improvements can be beneficial for homeowners, but significant concerns exist when these improvements are financed with Property Assessed Clean Energy (PACE) loans, which is a financing structure lacking vital consumer protections and presenting lien priority risks to lenders, investors and guarantors. Listen as PJ Harrigan, CMB discusses the issues with PACE loans.
For more information, visit the MBA's website on Residential Policy Issues-PACE Lending.
