Thursday, October 24, 2013

Good News!

Federal regulators announced this afternoon that they not lower loan limits Jan. 1, 2014 as expected. They will keep the current loan limits in place at least until mid-2014.
We are not making a change there in the immediate term," FHFA acting director Ed DeMarco told reporters today. "I recognize and understand that the industry is very busy right now making implementation of other regulations that take effect the first of next year, and that's enough."

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