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Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer

Housing Wire

Under the FHA Modernization Act of 2008 , sellers, lenders and others with a financial interest in a real estate transaction are prohibited from providing DPA to FHA borrowers. Bush administration in 2004. “If If this change were made, the FHA program would join the other government-insured programs offered by the U.S.

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Another lender settles redlining accusations with DOJ

Housing Wire

The agreement with Lakeland announced today represents the Justice Department’s continued commitment to addressing modern-day redlining, and to ensuring that all Americans have equal opportunity to obtain credit, no matter their race or national origin.”. Attorney General Merrick Garland said in a statement.

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The Modern Health System: Where Technology and HIPAA Compliance Collide

GoForrmz

Since then privacy has been codified into multiple laws, but it wasn’t until 1996 that the Healthcare Insurance and Accountability Act (HIPAA) was passed in the United States setting the standard that medical practices follow to this day. ” — Connecticut General Assembly Office of Legislative Research, 2004.

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Urban Institute: Zero-down FHA mortgages could expand first-time homeownership

Housing Wire

Census Bureau ‘s 2022 American Community Survey to estimate that one-third of renter households, or roughly 15 million in total, “have a sufficient income to afford the monthly costs of the average-price FHA-insured home ($362,700) at a 6 percent interest rate.”

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. He and his wife Abby have a beautiful 4-bedroom, 3.25-bathroom