Pols Won’t Hike GSE Loan Limit Again

House and Senate conferees will not restore the $729,750 maximum loan limit on GSE-backed mortgages in high cost areas, sources told National Mortgage News this weekend — but they have agreed to bump up the limit on Federal Housing Administration loans in lower cost areas.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_475/gse-fha-loan-limit-1027442-1.html

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