Legislative changes to expand the flexibility and borrower eligibility of the stagnant HOPE for Homeowners program are almost ready to be implemented, according to a Department of Housing and Urban Development official. Meg Burns, director of FHA’s Office of Single-Family Program Development, called the changes “minimal” and said the program still faces the same obstacles as it did...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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