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FRB Releases Housing Market White Paper


On January 4, the Federal Reserve Board released a white paper entitled, "The U.S. Housing Market: Current Conditions and Policy Considerations" that provides a framework on housing policy and tradeoffs.

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Maximum Conforming Loan Limits Remain Unchanged in 2012



The Federal Housing Finance Agency (FHFA) announced the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2012 will remain at existing levels. There is one exception - Fairfield County, Connecticut, where limits will increase. The maximum conforming loan limits for one-unit properties, which generally have applied to loans originated since October 1, 2011, are $417,000 in most locations, but are as high as $625,000 in certain high-cost areas in the contiguous United States.

Posted By Halley Hayden read more
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