(RECAP: Wells Fargo is being investigated by the U.S. Department of Justice for allegedly colluding with affordable housing developers nationwide to drive down the prices of low-income tax credits – potentially defrauding hundreds of millions of dollars from the federal program.)
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(RECAP: Virginia Beach is at the top of Zillow’s quarterly research report on residential mortgages that are underwater. Zillow’s report covers the largest 35 metro areas. Virginia Beach tops the list at 16.7 percent.)
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(RECAP: Freddie Mac, the leading multifamily financier in the United States, today announced an innovative financing initiative that will incentivize multifamily property owners to keep rents at levels affordable to working families without any federal, state or municipal subsidy.)
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