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Volume 1 - Number 2

November 14, 2008

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FHA Lenders Brace for Lower Loan Limits

Industry groups are lobbying Congress to freeze FHA loan limits for high-cost housing markets at current levels, even as the government has announced significant reductions for almost every major market in the U.S. The Department of Housing and Urban Development on Nov. 7 released new high-cost loan limits for 2009 that take into account the reduction in the maximum single-family... [Includes two charts]

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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