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By Down Payment Resource
ATLANTA, GA—Two federal regulations scheduled to be implemented concurrently in January are expected to increase consumer interest in the nation’s homeownership programs administered by state and local Housing Finance Agencies (HFAs).
On January 10, 2013, the Consumer Financial Protection Bureau enacted some new rules for mortgage lenders and borrowers. Starting in 2014, borrowers must fully document their income, as well as their ability to repay the mortgage debt.
By Simon Barlow
The Princess Royal visits Queen Mary to formally open the new ArtsTwo building.
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