Fintech Lending
Federal Court Confirms PACE Loans Are Subject to the Truth in Lending Act — A Major Victory for Consumers
In a landmark decision, the United States District Court for the Middle District of Florida upheld the Consumer Financial Protection Bureau’s (CFPB) authority to apply the Truth in Lending Act (TILA) to residential Property Assessed Clean Energy (PACE) financing. In Building Resilient Infrastructure & Developing Greater Equity, Inc. v. Consumer Financial Protection Bureau, Case No. 8:25-cv-1367…
Read MoreCan Florida Consumers Beat Fifth Third Bank in Court? What’s at Stake in the Dividend Solar Loan Lawsuits
Thousands of Florida homeowners may soon find out whether the courts will side with consumers or protect corporate lenders in one of the most sweeping legal battles over solar energy financing in the state. The controversy centers on Dividend Finance, now a division of Fifth Third Bank, and its role in allegedly deceptive solar financing…
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