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SONYMA offers its programs through a network of participating lenders throughout New York state who contract with the agency to offer SONYMA's programs to their customers. The mortgage loans are purchased from the lenders by SONYMA, which funds the purchases by issuing tax-exempt bonds. In 2017, it had operating expenses of $62.57 million, an ...
The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation to close hundreds of insolvent thrifts and provided funds to pay out insurance to their depositors.
Federal employees' right to organize and bargain binding labor contracts was established in law by the Civil Service Reform Act of 1978, which AFGE helped to draft, and which states that collective bargaining in the federal sector is in the public interest while also barring the right to strike.
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Learn more: VA loan requirements for 2024. VA home loan pros and cons. ... which is up to 25 percent of the Federal Housing Finance Agency (FHFA) loan limit, minus the basic entitlement. If you ...
The average federal student loan debt per person in Georgia has grown to more than $40,000, according to a Chamber of Commerce report.. This puts the Peach State as the No. 3 most student-debt ...
Federal Reserve data found more than 84% of the subprime mortgages in 2006 coming from private-label institutions rather than Fannie and Freddie, and the share of subprime loans insured by Fannie Mae and Freddie Mac decreasing as the bubble got bigger (from a high of insuring 48% to insuring 24% of all subprime loans in 2006). [81]
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