Sierra Club: Fannie Mae, Freddie Mac Must Stop Blocking Home Energy Program

Washington, D.C–(ENEWSPF)–July 30, 2010.  The Sierra Club filed suit against the Federal Housing Finance Agency (“FHFA”) for blocking participation in Property Assessed Clean Energy (PACE) programs by any of Fannie Mae’s and Freddie Mac’s mortgage holders. The FHFA has oversight over the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”).