H.R.2599 - PACE Assessment Protection Act of 2011

To prevent Fannie Mae, Freddie Mac, and other Federal residential and commercial mortgage lending regulators from adopting policies that contravene established State and local property assessed clean energy laws. view all titles (2)

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  • Official: To prevent Fannie Mae, Freddie Mac, and other Federal residential and commercial mortgage lending regulators from adopting policies that contravene established State and local property assessed clean energy laws. as introduced.
  • Short: PACE Assessment Protection Act of 2011 as introduced.

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  • Geraldin 12/23/2011 5:57am
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    Government body should always regulate and supervise lending policies of financial institution such as lending companies. Irregularities do happen.Countrywide Financial was one of the biggest mortgage lenders until 2008, when the lender almost went belly-up. Bank of America acquired the lender, and is now liable for $335 million. Source for this article: Bank of America to pay $335 million to settle unfair lending suit


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