Thursday, November 17, 2011

House approves higher FHA conforming loan limits

House approves higher FHA conforming loan limits: The House of Representatives voted 292-121 to restore the elevated conforming limits for jumbo mortgages for the Federal Housing Administration Thursday.
The Senate is expected to give a final vote in the coming days.
Members of a joint committee compromised earlier this week to include language in a minibus spending bill that would raise the limits on [...]

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