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HousingWire: What has been the most useful tech tool for you? Loan officers should be helping clients understand how borrowing for as long as possible benefits the borrower because paying back today’s mortgage with 2030, 2040, or 2050 dollars is a great deal for the borrower. I could not run my business without either of them.
In fact, if nothing is done, this USDA program — called Section 515 — is projected to lose up to 137,000 affordable-housing units between 2023 to 2033 nationwide due to mortgage maturities alone, according to USDA projections , “with a potential to lose approximately 333,000 units by the year 2050.”
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In 2016 the USDA’s National Institute of Food and Agriculture (NIFA) launched their Food and Agriculture Cyberinformatics and Tools Initiative to create an easily accessible hub for the entire agricultural community. “ billion in 2050, and 11.2 billion by 2050 , but we only have depleting resources available to feed everyone.
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