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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Can I Use My 401(k) to Buy a House? Yes, Here’s How

Redfin

How to borrow from your 401k account to buy a house To borrow from your 401k loan to finance a down payment, youll need to talk to your employers benefits office or HR department, or with your 401k plan provider. For example, FHA loans, backed by the Federal Housing Authority, offer loans with down payments as low as 3.5%.

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MBA urges congressional action on VA foreclosures

Housing Wire

The VA Home Loan Program Reform Act, otherwise known as House Resolution (HR) 1815, would authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the secretary, according to the text of the bill.

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