The Consumer Financial Protection Bureau fended off a lawsuit challenging an agency ruling applying the same disclosure rules for mortgage lenders to loans for making homes more energy efficient and preparing for disasters.
Judge Thomas Barber of the US District Court for the Middle District of Florida in a ruling Thursday tossed out claims brought by Building Resilient Infrastructure & Developing Greater Equity Inc., a trade group representing loan administrators of the home improvement and energy loans.
He found that the CFPB’s 2024 transparency rule for Property Assessed Clean Energy loans, known as PACE loans, didn’t exceed the agency’s statutory ...
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