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Insight: Innovative green financing has hobbled home sales in California

2015-10-19 18:28:53| Real Estate - Topix.net

An innovative, government-sponsored program aimed at funding energy-saving home improvements has drawn praise from powerful supporters, including President Obama. But complaints from a growing number of homeowners, lenders and realtors in California suggest the financing is making homes more difficult to sell and disrupting the mortgage market.

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