The Department of Housing and Urban Development this week formally restored the higher FHA loan limits that had been effect in 2008. The stimulus package signed into law this month by President Obama, the American Recovery and Reinvestment Act, restores last year’s top conforming loan limit, $729,750, for FHA, Fannie and Freddie loans. The higher loan limits...
It will be the 11th issuance of its type by loanDepot.
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