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  • Morningstar rates PACE loans high

    Feb 17, 2017  17:05 ET
    In a new report, Morningstar Credit Ratings said PACE energy efficiency loans present little risk of driving a borrower into a foreclosure, and could bolster property values and save the homeowner money in efficiency improvements.The securities backed by the PACE revenue streams also are highly rated, Morningstar said. >>

      1. GSEs end year on a strong note

        The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac ended 2016 with strong earnings. Fannie and Freddie posted net income in the fourth quarter of $5 billion and $4.8 billion, respectivel... >>

      2. CFPB can appeal ruling on its constitutionality

        A federal appeals court agreed on Thursday to reconsider an October ruling that deemed the single-director leadership structure of the Consumer Financial Protection Bureau (CFPB) unconstitutional and opened the door for ... >>

      1. Low-income housing advocates see threats ahead

        Diane Yentel, president and chief executive officer of the Washington, D.C.-based National Low Income Housing Coalition (NLIHC), spoke to Scotsman Guide News about the state of affordable housing and why she expects that... >>

      2. Yellen hints at future rate hikes

        Federal Reserve Chairwoman Janet Yellen said she expects future rate hikes and was upbeat about the economy during testimony on Tuesday before the U.S. Senate Banking committee. In delivering a semiannual report, Yell... >>

    1. More Headlines

      Morningstar rates PACE loans high
      In a new report, Morningstar Credit Ratings said PACE energy efficiency loans present little risk of driving a... >>

      Builder confidence dips slightly in February
      Builder confidence in the market for new homes weakened slightly in February, but remains high, according to ... >>

      Mortgage applications fall in weekly survey
      Refinance and purchase application activity fell in the latest weekly survey, the Mortgage Bankers Associatio... >>

      Foreclosure trends point down to end year
      Foreclosure trends receded back near precrisis levels to end the year. Completed foreclosures tot... >>

      View all headlines >>
    2. Q&A

      Republicans can't enact regulatory reforms alone

      Michael Stegman, a fellow at the Bipartisan Policy Center, spoke with Scotsman Guide News about what reforms likely can be achieved and why Republicans will need some Dem... >>

      Home builders have reason to be optimistic

      U.S. homebuilding has been steadily increasing in recent years. Granger MacDonald, a Kerrville, Texas-based builder and the recently elected chairman of the National Asso... >>


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