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Stock Market & Financial Investment News

News Breaks
November 26, 2013
12:20 EDTFNMA, FMCCFHFA says conforming loan limits will remain the same through 2014
The Federal Housing Finance Agency, FHFA, announced that the 2014 maximum conforming loan limits for mortgages acquired by Fannie Mae (FNMA) and Freddie Mac (FMCC) will remain at $417,000 for one-unit properties in most areas of the country. The Housing and Economic Recovery Act of 2008, HERA, establishes the maximum conforming loan limit that Fannie Mae and Freddie Mac are permitted to set for mortgage acquisitions. HERA also requires annual adjustments to these limits to reflect changes in the national average home price.
News For FNMA;FMCC From The Last 14 Days
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April 11, 2014
07:47 EDTFMCCDeutsche granted dismissal of FHFA suit, Reuters says
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April 10, 2014
08:29 EDTFMCC, FNMAFannie, Freddie holders create 'Investors Unite' to fight reform, Reuters says
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