Industry NewsMortgage

Congress votes to restore FHA loan limits

Fannie and Freddie excluded from proposal
Published on Nov 17, 2011

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Lawmakers have voted to restore loan limits for the Federal Housing Administration to pre-Oct. 1 levels, but the reprieve won't apply to Fannie Mae and Fannie Mac.

House and Senate leaders signed off Monday on a conference report for a "minibus" appropriations bill that included language restoring FHA's ability to insure loans of up to $729,750 in high cost markets through 2013.

Comments