MBA To FHFA: Increase AMI Limits For Down Payment Programs
Allowing borrowers with up to 100% of AMI to be eligible for these programs.
Allowing borrowers with up to 100% of AMI to be eligible for these programs.
FHFA said the baseline conforming loan limit will increase 12% next year.
FHFA, S&P Case-Shiller indexes show slower monthly and annual growth in prices.
Costs could go up as much as 400% in some cases, according to NCRA.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Data released today for August 2022 show that home price gains decelerated across the United States.
FHFA, Ginnie Mae make news at association's annual conference.