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  2. Clearing House Interbank Payments System - Wikipedia

    en.wikipedia.org/wiki/Clearing_House_Interbank...

    The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value wire transfer transactions. [ 1 ] As of late 2024, it settles approximately 500,000 payments totaling US$1.8 trillion per day. [ 2 ]

  3. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    However, federal regulations require that every single government that receives funds must provide 25 cents on their own for every HOME dollar used. [2] If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal.

  4. Troubled Asset Relief Program - Wikipedia

    en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

    TARP allowed the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled assets," defined as "(A) residential or commercial obligations will be bought, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes ...

  5. Home Ownership and Equity Protection Act of 1994 - Wikipedia

    en.wikipedia.org/wiki/Home_Ownership_and_Equity...

    Implemented via Regulation Z at 12 CFR 226.32, it only applies to non-purchase-money transactions. The law gives the Federal Reserve Board the power to administer the act and to adjust the implementing regulations.

  6. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  7. Financial Institutions Reform, Recovery, and Enforcement Act ...

    en.wikipedia.org/wiki/Financial_Institutions...

    The Federal Housing Finance Board (FHFB) was created as an independent agency to take the place of the FHLBB, i.e. to oversee the 12 Federal Home Loan Banks (also called district banks) that represent the largest collective source of home mortgage and community credit in the United States.

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