Recent CRL Solar Lending Paper Supports Federal Regulators' Call for Increased Enforcement to Protect Consumers from Shady Tactics of Residential Solar System Lenders
WASHINGTON, DC – Federal consumer regulatory agencies today released data and resources that reflect findings in a paper released last week by the Center for Responsible Lending (CRL) that show the nation’s leading residential solar energy financing lenders currently use many of the predatory methods employed in the subprime mortgage lending market of 2007-2010 – including undisclosed profit arrangements with their preferred...