Mobile Mortgage News

Should government allow bigger loans?

posted 69 weeks ago on Mortgage Insider

With private investors shying away from many mortgages these days, some folks would like to see Freddie Mac and Fannie Mae buy more loans and buy bigger loans. Right now in most states they can't directly fund any loan over the conforming limit of $417,000. In a pricey market like Orange County, that means lots [...]

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