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Enter.. The FHA Mortgage. FHA loans were created by the Federal Housing Administration in 1934 to increase home ownership in America. By insuring mortgage loans the risks lenders face was greatly reduced. It is much easier to qualify for this Government home loan than a conventional mortgage because of the lenient loan requirements.
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Concern over the financial viability of One Seneca Tower – the former HSBC Tower – has prompted the company that services the building’s $75 million loan to transfer it to another firm that.
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“While CoreLogic’s mortgage fraud risk index dropped, this is primarily due to the increased volume of lower-risk rate/term refinance activity, not necessarily fewer applications with fraud,” she said.
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