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Photograph: Andrew Burton / Reuters/Reuters Seven US marshals armed with automatic weapons turned up at Paul Aker’s home in Houston, Texas, last week to arrest him over a $1,500 student loan debt.
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(A manufactured home is eligible only if it is classified as real property under Texas law, and satisfies all special fannie mae eligibility criteria for manufactured homes.) The borrower’s homestead property may not exceed the applicable acreage limit as determined by Texas law when the Texas Section 50(a)(6) loan is originated.