News & Analysis as of

PACE Consumer Financial Products

Jenner & Block

Changes to California Consumer Law Protections on January 1, 2022

Jenner & Block on

Effective January 1, 2022, California implemented several important changes to its consumer protection laws, ranging from data privacy to debt collection to updates to the Consumer Legal Remedies Act....more

Bricker Graydon LLP

Greater Cincinnati Energy Alliance has record-breaking year for PACE financing

Bricker Graydon LLP on

Bricker & Eckler LLP congratulates Greater Cincinnati Energy Alliance (GCEA) on a record-breaking year in Property Assessed Clean Energy (PACE) financing transactions. In 2019, GCEA has closed 24 PACE loans valued at nearly...more

Ballard Spahr LLP

CFPB publishes Fall 2019 rulemaking agenda

Ballard Spahr LLP on

The CFPB has published its Fall 2019 rulemaking agenda as part of the Fall 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget....more

Bricker Graydon LLP

Ohio will become fourth state to offer residential PACE for energy improvements

Bricker Graydon LLP on

Homeowners in Summit, Franklin and Lucas Counties will soon have access to low-interest loans for energy efficiency improvements through property assessed clean energy (PACE) financing. In Summit County, the City of Barberton...more

Ballard Spahr LLP

CFPB publishes Spring 2019 rulemaking agenda

Ballard Spahr LLP on

The CFPB has published its Spring 2019 rulemaking agenda as part of the Spring 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget (OMB).  ...more

Manatt, Phelps & Phillips, LLP

Consumer Finance: Kraninger Testifies, CFPB Reports, DOJ Enforces SCRA

Making headlines in consumer finance news, Consumer Financial Protection Bureau (CFPB or Bureau) Director Kathy Kraninger paid Congress another visit, while the CFPB published its latest Supervisory Highlights, a first-time...more

Ballard Spahr LLP

CFPB Issues Advance Notice of Proposed Rulemaking on PACE Financing

Ballard Spahr LLP on

As we reported previously, the Economic Growth, Regulatory Relief and Consumer Protection Act (Act) subjects Property Assessed Clean Energy (PACE) financing to Truth in Lending Act (TILA) ability-to-repay (ATR) requirements...more

Cadwalader, Wickersham & Taft LLP

Bank Deregulation Bill Becomes Law

On May 24, President Trump signed into law the most significant banking legislation since the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) in 2010. The bill – named the Economic...more

Ballard Spahr LLP

HUD rolls back PACE financing in single family FHA deals

Ballard Spahr LLP on

In July 2016 HUD issued guidance on the use of Property Assessed Clean Energy (PACE) assessments for single family properties with FHA-insured mortgages. In January 2017, HUD followed with guidance on the use of PACE...more

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