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Financial Affairs


WASHINGTON – Fannie Mae and Freddie Mac’s government oversight reforms announced in the final days of the Trump administration have come under fire as lenders, housing advocates and others blame one of the changes penalize minority borrowers. Critics focus on a provision that caps the amount of “high risk” loans that Fannie and Freddie can …

On March 11, 2021, President Biden enacted the American Rescue Plan Act (the “Act”). The law provides $ 1.9 trillion in COVID-19-related stimulus and relief to individuals and businesses struggling with the challenges created or exacerbated by the coronavirus pandemic. The following summary highlights the personal and corporate income tax provisions included in the Act: …

The housing market in South Carolina has broken records even during the coronavirus pandemic, but the growing amount of student loan debt in the state continues to delay and prevent some people from becoming homeowners. The loans millions of Americans have taken to finance their education can make it much harder for people to qualify …