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FAQ on the Housing and Economic Recovery Act (HERA)
Posted at Selling Northern NV by Joshua Talayka
September 30th, 2009 3:55 pm
Tagged with: chase international, faq, hera, homebuyer, housing and economic recover act, lending regulations, mortgage, real estate, reno, talayka
The following FAQ may answer some of the concern you may have on the new HERA mortgage requirements and how they will affect the timeline of your real estate transaction.
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Summary of the new lending regulations HERA
Posted at Selling Northern NV by Joshua Talayka
September 28th, 2009 2:49 pm
Tagged with: chase international, hera, homebuyer, housing and economic recover act, lending regulations, mortgage, nv, real estate, reno, talayka
In 2008, the Housing and Economic Recover Act (HERA) was passed by Congress and became effective July 30, 2009. The Federal Reserve Board published the new regulations under the Truth in Lending Act.
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