FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Fannie Mae forced-place insurance program hits a roadblock

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A federal agency that oversees Fannie Mae said Tuesday that it disapproved of Fannie's plan to require mortgage servicers to use only approved low-cost insurers, saying it would study ways to cut force-placed insurance costs for both Fannie and Freddie Mac.

Source: Law360
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