The Mortgage Bankers Association (MBA) has applauded the passage of legislation that will maintain the existing loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) through Dec. 31, 2010. An extension of the current loan limits (which had been due to expire Dec. 31, 2009) was included in the continuing resolution (HR 2996) that passed the House of Representatives and the United States Senate on Oct. 29.Read more