Lenders doing business with the FHA will have to contend with a new set of loan limits for high-cost areas in 2009 – perhaps as early as the end of next week – that will be significantly lower than the caps currently in place in many markets. Officials at the Department of Housing and Urban Development have been working on new median home price tables that will determine the loan...
It will be the 11th issuance of its type by loanDepot.
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