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[DOC File]NSP Single-Family Development and Sales Program Manual
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3. Homes will only be offered to a client only if the prices are affordable to the client as determined by the program underwriting analysis embedded in the application for assistance. 4. Each client will have three opportunities to reject a home or groups of homes offered and maintain his or her priority.
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[DOC File](Agent
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Foreclosure: Procedure whereby property pledges as security for a debt is sold to pay the debt in the event of default. Freddie Mac: Nickname for Federal Home Loan Mortgage Corporation (FHLMC), a federally controlled and operated corporation to support the secondary mortgage market. It purchases and sells residential conventional home mortgages.
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[DOC File]CHAPTER 2
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MORTGAGE CREDIT ANALYSIS. 2-1 OVERVIEW. The purpose of underwriting is to determine a borrower’s ability and willingness to repay the mortgage debt, thus limiting the probability of default and collection difficulties, and to examine the property offered as security for the loan to determine if it is sufficient collateral.
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[DOC File]Admin20, Rcs, Part 1, Introduction
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12.206.000 PLS Monthly Alphabetic and Numeric Listings(computer output microfiche). 12-206.110 PLS Portfolio Loans in Foreclosure (paper). 12-207.000 PLS Record Printouts used for convenience of operations. 12-208.000 PLS Daily and Month End Index of Loan activity: 12-208.100 Daily index. 12-208.200 Month end index.
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Government foreclosure homes free listings