TITLE

California's Brown Sues GSEs Over PACE

AUTHOR(S)
Schroeder, Peter
PUB. DATE
July 2010
SOURCE
Bond Buyer;7/15/2010, Vol. 373 Issue 33350, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a lawsuit filed by California Attorney General Jerry Brown against Fannie Mae, Freddie Mac and the Federal Housing Finance Agency. The suit refers to the killing of programs that enable the state's localities to issue bonds to fund energy upgrades made by homeowners. Brown recommends the court to issue a restraining order for the agencies from refusing to join in the property assessed clean energy (PACE) programs.
ACCESSION #
52464507

 

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