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 ...
These loan amounts exceed the conforming loan limit but aren’t considered jumbo loans The Economic Stimulus Act of 2008 temporarily increased the conforming loan limit in high-cost areas, pushing it to as much as $822,375 in expensive metropolitan areas of the United States such as Los Angele...
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