Trades Question FHFA’s Authority to Lower Loan Limits

The Federal Housing Finance Agency does not have the authority to reduce the loan limits on Fannie Mae and Freddie Mac loans below the current $417,000 floor.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Trades-Question-FHFA-Authority-Lower-Loan-Limits-1039313-1.html

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