The Department of Housing and Urban Developed released its long-awaited comprehensive guidance to the new and improved HOPE for Homeowners refinance program but the industry isn’t expecting much out of an initiative that has failed to gain any traction in the past year. The Office of Management and Budget took three months to review program changes last drafted by the Department of Housing and Urban...
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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