Business / Taxes / Department Of Veterans Affairs (VA) Mortgage: Department of Veterans Affairs (VA) mortgages enable qualifying veterans or their surviving spouses to borrow up to the annual federal limit in order to buy conventional homes, mobile homes, and condominiums with little or no down payment. The VA guarantees repayment of the loans. This federal guarantee means that banks and thrift institutions can afford to provide 30-year VA mortgages on favorable terms even during periods when borrowing in general is expensive. Interest rates on these mortgages, formerly fixed by the Department of Housing and Urban Development (HUD), are now set by the VA itself. For more information, call the VA's local toll-free number listed in your phone book.
Department Verb Synonyms: division, subdivision, branch, office, bureau, section, segment, unit, part
Department Noun Synonyms: responsibility, concern, worry, sphere, bailiwick, jurisdiction, domain, control, area or sphere of influence or activity
Business / Agriculture / Personal Responsibility and Work Opportunity Reconciliation Act Of 1996: P.L. 104-193 (September 22, 1996) was labeled as a major 'welfare reform' initiative. In addition to provisions making major changes to federal cash welfare, medicaid, work, and child care development MORE
Business / Agriculture / Perishable Agricultural Commodities Act (PACA) Of 1930: P.L. 71-325 (June 10, 1930), as amended, regulates the buying and selling of fresh and frozen fruits and vegetables to prevent unfair trading practices and to assure that sellers will be paid promptly MORE