FOLLOWING PUSH BY CORTEZ MASTO, THE CONSUMER FINANCIAL PROTECTION BUREAU PROPOSES NEW CONSUMER PROTECTIONS FOR HOMEOWNERS RECEIVING PACE LOANS
Press Release
Issues: Housing and Property
"I've raised the alarm about the PACE loan sales practices which frequently are promoted by door-to-door salespeople to homeowners who may not realize that failing to repay the loan could result in foreclosure. I am glad the Consumer Financial Protection Bureau has listened to my call to implement vital consumer protections for these loans."
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