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Richmond, TX USDA home loans or sometimes called rural development loans, are government-insured mortgages that help potential home buyers buy a home without a down payment. The Richmond, TX USDA home loan program was created in 1991. This program was designed to help aid potential home buyers obtain a mortgage with a decent rate in rural areas.
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Genworth has been working since 2016 to close its $2.7 billion buyout by China Oceanwide, a transaction McInerney called the “best option” as the Richmond-based insurer. to provide an $850 million.