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Troops and veterans sometimes are hurt by misconceptions about VA mortgages, or they encounter sellers who don't want their home to go through a VA appraisal.
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The bank's mortgage-lending arm agreed to pay up to $320 million to resolve allegations that it bungled applications for the federal Home Affordable Modification Program.
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Private equity firms have been snapping up properties in many areas hit hard by the recession. Some analysts worry that those bulk purchases will leave middle-class buyers out in the cold.
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The average cost to close on a $200,000 mortgage is $3,754, according to Bankrate.com. But in Florida, homebuyers can expect to shell out a few hundred…