The Conforming Loan Limit

Author / Creator

Library of Congress. Government Division

Available as

Online

Summary

Examines impact of and policy issues related to P.L. 110-185, the Economic Stimulus Act of 2008, and P.L. 110-289, the Housing and Economic Recovery Act of 2008, both of which revise conforming loa...

Examines impact of and policy issues related to P.L. 110-185, the Economic Stimulus Act of 2008, and P.L. 110-289, the Housing and Economic Recovery Act of 2008, both of which revise conforming loan limits on the size of mortgages that Government-sponsored enterprises such as FNMA (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac) can buy in order to enable them to offer home buyers jumbo loan mortgages. Covers legislation in the 112th Congress.

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