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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