that exploits changes of the conforming loan limits (CLLs) along county borders. We find a sizable effect of CLLs on government guarantees but no robust effect on homeownership. Thus, government guarantees could be considerably reduced,with very modest effects on the homeownership rate. Our finding ...
If the loan amount exceeds the loan limit (jumbo loan) or doesn’t meet the guidelines of Fannie or Freddie, it is known as anon-conforming loan. When Does the Conforming Loan Limit Change? The conforming loan limit can go up each year (but never down) Any upcoming changes are announced...
Focuses on the 2005 conforming loan limit set by the U.S. Office of Federal Housing Enterprise Oversight for the Federal National Mortgage Association and the Federal Home Loan Mortgage Association. Increase of the conforming loan limit for single-family loans; Loan limits set for two-unit ...
FHFA Announces Fannie Mae and Freddie Mac Conforming Loan Limits for 2014Altarescu, Howard S