California's Brown Sues GSEs Over PACE

Schroeder, Peter
July 2010
Bond Buyer;7/15/2010, Vol. 373 Issue 33350, p1
Trade Publication
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.


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