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Tuesday, July 20, 2010

Gov't to bolster the Property Assessed Clean Energy

 
Lawmakers introduced a bill that would prevent mortgage giants Fannie Mae and Freddie Mac from hindering the Property Assessed Clean Energy program. The program allows local governments to sell bonds to help homeowners finance energy-efficient upgrades. Fannie, Freddie and their regulator, the Federal Housing Finance Agency, argued that the program increases risk on the underlying mortgage.

 

Build Your Legacy

  

Victor Lloyd Smith

Millennium Lyon Asset Management

 

 

Legacy Capital: The Driving Force of the American Dream

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