Residential Property Assessed Clean Energy Financing

23 organizations filed 23 public comments on Residential Property Assessed Clean Energy Financing, at the Consumer Financial Protection Bureau. The comment window closed 2639d ago.

Abstract

The Bureau of Consumer Financial Protection (Bureau) is issuing this Advance Notice of Proposed Rule making (ANPR) to solicit information relating to residential Property Assessed Clean Energy (PACE) financing. The Bureau will consider the information it receives in response to this ANPR in implementing section 307 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). In relevant part, EGRRCPA section 307 amends the Truth in Lending Act (TILA) to mandate that the Bureau prescribe certain regulations relating to PACE financing. Specifically, the regulations must carry out the purposes of TILA’s ability to repay (ATR) requirements, currently in place for residential mortgage loans, with respect to PACE financing, and apply TILA’s general civil liability provision for violations of the ATR requirements the Bureau will prescribe for PACE financing. The regulations must ‘‘account for the unique nature’’ of PACE financing. This ANPR solicits information to better understand the PACE financing market and the unique nature of PACE financing

Commenters (23)

• Alliance to Save Energytrade assoc.

  1 filing · confidence 85%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• Appraisal Institutetrade assoc.

  1 filing · confidence 85%
• Business Watch Incunverified attribution

  1 filing · confidence 70%
• California Association of REALTORStrade assoc.

  1 filing · confidence 85%
• Christian Coalition President and CEOtrade assoc.

  1 filing · confidence 85%
• Conference of State Bank Supervisorstrade assoc.

  1 filing · confidence 85%
• Credit Union Assciationunverified attribution

  1 filing · confidence 70%
• CRES Policy Committeetrade assoc.

  1 filing · confidence 85%
• FAIR Foundationtrade assoc.

  1 filing · confidence 85%
• Florida Alliance for Consumer Protectiontrade assoc.

  1 filing · confidence 85%
• Los Angeles Business Counciltrade assoc.

  1 filing · confidence 85%
• Missouri Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Mortgage Bankers Associationtrade assoc.

  1 filing · confidence 97%
• National Association of Home Builderstrade assoc.

  1 filing · confidence 97%
• National Association of REALTORStrade assoc.

  1 filing · confidence 85%
• National Association of State Energy Officialstrade assoc.

  1 filing · confidence 85%
• National League of Citiestrade assoc.

  1 filing · confidence 85%
• Natural Resources Defense Council (NRDC)trade assoc.

  1 filing · confidence 97%
• The Farmers National Bank of Emlentonunverified attribution

  1 filing · confidence 70%
• U.S. Green Building Counciltrade assoc.

  1 filing · confidence 85%
• Western Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Ygrene Energy Fund Inc.unverified attribution

  1 filing · confidence 70%