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To effectuate this test, the Bureau would need to define, in ways that lenders could implement, what would be a qualifying “unusual and non-recurring expense,” a means of assessing whether a new loan was attributable to such an expense rather than to the unaffordability of the prior loan, and standards for how such an unusual and non-recurring expense could be documented (e.
Wire transfers, especially to individuals.
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- The opinions expressed herein by him are his own and not those of his employer or anyone else.
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ZIP codes near Pulaski
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