News & Analysis as of

Clean Energy PACE Financial Services Industry

Carlton Fields

C-PACE, An Increasingly In-Demand CRE Financing Mechanism

Carlton Fields on

Currently available in approximately 40 states and the District of Columbia, the U.S. Department of Energy’s Commercial Property Assessed Clean Energy (C-PACE) is a locally administered financing program that provides...more

Ballard Spahr LLP

CFPB Issues Final Rule on PACE Transactions

Ballard Spahr LLP on

As previously reported, the Economic Growth, Regulatory Relief, and Consumer Protection Act (Act), enacted in 2018, directs the CFPB to prescribe regulations that apply Truth in Lending Act (TILA) ability-to-repay (ATR)...more

Orrick, Herrington & Sutcliffe LLP

CFPB issues final rule on Property Assessed Clean Energy financing

On December 17, the CFPB finalized a rule concerning Property Assessed Clean Energy (PACE) financing. The final rule integrated existing residential mortgage protections to PACE loans, providing TILA and RESPA disclosure...more

Morrison & Foerster LLP

CFPB Issues Advance Notice of Proposed Rulemaking

On March 4, 2019, the Consumer Financial Protection Bureau (CFPB) issued an advance notice of proposed rulemaking (ANPR) on residential property assessed clean energy financing (PACE financing). The CFPB is seeking...more

Goodwin

Financial Services Weekly News: Relief for Mutual Fund Directors

Goodwin on

Editor's Note - In This Issue. The Securities and Exchange Commission’s (SEC) Division of Investment Management released a No-Action Letter that relieves mutual fund directors from in-person voting requirements under...more

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