Stimulus Package, New Loan Limits and a Controversial California Law

Lots to cover - and I was planning on getting to it all last night until my little one decided not to sleep.  So I had to play all night instead of writing (which was great!) but unfortunately not so timely.  Needless to say there is a lot of ground to cover.  I'll try to get to it tonight for your reading pleasure. My initial thought on the new loan limits?  Will that push conforming rates higher?  Bigger loans, more risk, more risk mitigation (capital) needed for Fannie and Freddie.  But that's at first blush.  I'll be back. Happy Friday. Share This