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Home » Store » Taxable » Proposed Bill Would Hike GSE Loan Limit to $500k in California, Other High Cost States

Proposed Bill Would Hike GSE Loan Limit to $500k in California, Other High Cost States

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A new bill that could potentially generate more than $100 billion in new mortgage business for Fannie Mae and Freddie Mac was introduced in the House last week as Congress was adjourning for 2003. And proponents say lawmakers will actively consider the measure in 2004.
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