The maximum amounts for FHA-insured loans will be the same next year in nearly all housing markets despite significant house price changes this year. HUD also reiterated its stance that it doesn’t plan to adjust the limits for smaller “sub-areas” of broader metropolitan markets. In a mortgagee letter released...[Includes two data charts and one graph]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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