November 2011

There are 1 blog entries for November 2011.

Realtors® Applaud Congress for Reinstating FHA Loan Limits

Friday, November 18th, 2011 at 12:54pm. 3440 Views, 4 Comments.

Washington, DC, November 18, 2011

WASHINGTON (November 17, 2011) – The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years.

“As the nation’s leading advocate for homeownership, we applaud members of Congress for restoring FHA’s previous loan limits, which will help reduce consumer cost burdens, stabilize local housing markets and allow qualified, creditworthy borrowers to access affordable mortgage financing,” said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “The reinstated loan limits will help provide much needed liquidity and stability to…

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