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PACE Loans

FHA Will No Longer Finance Homes with PACE Loans

FHA Announces no more PACE Loans Pace Loans After the March 2017 updates on its PACE policy that modified: application of payments, pre-foreclosure sales (PFS) regulations, deed-in-lieu of foreclosure rules, conveyance of acquired properties, and imposed disclosure rules.  FHA recently announced that they will no longer insure new mortgages on homes with PACE and HERO loans in Nevada.  

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