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» OFHEO to Take Over Setting Conforming Loan Limits in Latest Blow to Fannie, Freddie
OFHEO to Take Over Setting Conforming Loan Limits in Latest Blow to Fannie, Freddie
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After more than 20 years of having a system where the conforming loan limits were set each year by Fannie Mae and Freddie Mac using a calculation spelled out in law, federal regulators moved this week to take over the process.