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During the Texas legislature’s first session since Hurricane Harvey. eligible for financial assistance from the state in the form of grants and low-interest loans though lawmakers opted to let.
Through the program, the bank promises to close a mortgage in 21 days, and if the bank doesn’t close on the loan in the timeframe, it will pay the borrower $1,000. “We’re here to help our customers.
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More than 100 CDFIs and housing counseling agencies will be on-boarded to the platform with the objective of closing over $220 million in home loans by the end of 2019. Collaborative members in.
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