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07/14/2010 08:41:00 PM EST

Calif. AG sues feds over renewable energy loans

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Corporate and Securities Law Community Staff

SACRAMENTO, Calif.-(AP) State Attorney General Jerry Brown sued the federal government Wednesday, asking a judge to stop government-sponsored mortgage buyers from blocking a program that lets homeowners pay for energy-efficient improvements through increased property taxes.

Brown's lawsuit argues that Fannie Mae and Freddie Mac's opposition is forcing California counties to halt plans…

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