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Government

Jun. 19, 2012

Homeowners out of luck on energy loan program

Homeowners looking to take advantage of long term loans from local governments to help pay for energy efficiency improvements have been dealt another setback by the Federal Housing Finance Agency .


By Paul Jones


Daily Journal Staff Writer


Homeowners looking to take advantage of long term loans from local governments to help pay for energy efficiency improvements have been dealt another setback by the Federal Housing Finance Agency.


The FHFA released a set of proposed rules Friday that would bar Fannie Mae and Freddie Mac - the largest mortgage buyers in the nation - from buying mortgages for properties involved in the program. The rules ...

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