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” CFPB Director Richard Cordray said in a statement. “Our Ability-to-Repay rule protects borrowers from the kinds of risky lending practices that resulted in so many families losing their homes. This common-sense rule ensures responsible borrowers get responsible...
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Beyond calculable costs to HUD are the less apparent disruptions to thousands of families that are uprooted from their homes each year: children are forced to abruptly change schools; se niors are displaced from their established communities and supports with which they are familiar; and working ...
That’s equal to 671,141 new single section manufactured homes, at the average retail price identified by the U.S. Census Bureau (approximately $44,500), which could be permanently installed on a home site that could average, depending on market locations, say $30,000. ...