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CFPB plans to issue rules on PACE loans

Mar 04, 2019By

The CFPB signaled Monday that it plans to issue rules for the PACE program, which allows homeowners to obtain financing to make improvements to their homes to increase the home’s energy efficiency. The CFPB said Monday it is issuing an “Advance Notice of Proposed Rulemaking” on PACE financing that could see an Ability-to-Repay provision added to PACE regulations.