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» FHFA Director Mel Watt Rules Out GSE Loan Limit Decrease
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FHFA Director Mel Watt Rules Out GSE Loan Limit Decrease
May 13, 2014
Paul Muolo
In a wide-ranging speech – and in supporting documents – Mel Watt also vowed that the GSEs will continue to permit “compensating factors” when weighing a decision to guarantee mortgages where the debt-to-income ratio is north of 43 percent.
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