After working behind the scenes to negotiate on differences with House Financial Services Committee chairman Barney Frank (D-MA), Senators Chris Dodd (D-CT) and Richard Shelby (R-AL) on Wednesday rolled out a housing proposal that could be put to the Senate floor for a final vote as early as this week.
“Americans are looking to Congress to […]
Filed under: 2008 Loan Limits, Jumbo Loans, Legal | Comments Off
Fannie Mae’s 2008 Conforming Loan Limit Remains at $417,000
Fannie Mae (FNM/NYSE) announced that its 2008 conforming loan limits would remain at the limits set in 2006 and 2007, as determined by the Office of Federal Housing Enterprise Oversight (OFHEO). OFHEO’s full announcement can be found at www.OFHEO.gov.
Limits for single-family mortgages purchased by Fannie Mae […]
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Within Reach: Countrywide Home Loans Highlights Tips and Tools to Help Consumers Attain Their Dream Homes
November 28, 2007: 12:34 PM EST
CALABASAS, Calif., Nov. 28 /PRNewswire/ — Nearly one in six new mortgages made last year was more than $417,000 (known as jumbo loans) (1), indicating a strong, ongoing demand for financing options on higher-priced homes. […]
Filed under: Countrywide, Jumbo Loans | No Comments
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