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FHFA Loan Limits 'Incrementally Positive' For Housing

on Dec 4, 2014 in FHA Information | Comments Off on FHFA Loan Limits 'Incrementally Positive' For Housing

FHFA Loan Limits 'Incrementally Positive' For Housing “In the cities where FHFA raised loan limits, prescription we view the changes as incrementally positive because conforming loans typically require a lower down payment in percentage terms versus jumbo loans, and if FHA loan limits are increased in certain areas … If you would like more informaiton please visit here… Investor Overlays Expected to be Reduced; Rise of Niche Products Out came an article in the Wall Street Journal by Joe Light titled "Mortgage Lenders Set to Relax Standards." What is the public to think with a headline like that? "Some of the largest U.S. mortgage lenders are preparing to further ease standards for … More informaiton please visit here… HUD's 4bp Fee; FHA/Ginnie updates; Status of Mortgage Forgiveness Tax Act For Agency news, the Community Mortgage Lenders of America reports that earlier this year HUD had proposed that Congress authorize them to impose and collect a 4 basis points fee from lenders for each FHA loan that was insured. … and the stacking … For more informaiton please visit here… FHFA Loan Limits 'Incrementally Positive' For...

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