MBANow: MBA Expresses Concerns on PACE Loans
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January 12, 2017
Senior Vice President for Residential Policy and Member Engagement Pete Mills stopped by MBANow to lay out MBA's concerns with the PACE loan program in response to recent media reports about problems with the program. Mills outlines the difference between PACE loans and traditional home improvement loans, how the property tax secured PACE loans currently dodge important consumer protections, and how MBA is working to close the PACE loan loophole and protect consumers and the housing market..