Items Tagged with 'loan limits'

ARTICLES

  • Countdown: The top 10 HousingWire stories of the year (9,10)

    Here’s what our readers were most interested in
    As we count down the days until Christmas and the new year, HousingWire is beginning to look at our year in review. Here are some of the most popular articles of the year; some of them might surprise you – I know they surprised me! While others are more obvious.
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  • FHA announces 2016 loan limits

    Limits will increase in 188 counties
    The Federal Housing Administration announced its loan limits for 2016, with the loan limits in 188 counties set to increase due to changes in housing prices. Click here to learn more about where the FHA raised its loan limits for 2016.
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  • FHA announces 2015 loan limits

    Limits for highest and lowest cost areas remain unchanged
    The Federal Housing Administration announced its 2015 conforming loan limits. Spoiler alert: Not much changed.
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  • HUD: New FHA loan limit takes effect Jan. 1

    Ceiling for loans in high-cost areas falls to $625,500
    "As the housing market continues its recovery, it is important for FHA to evaluate the role we need to play," said FHA Commissioner Carol Galante. "Implementing lower loan limits is an important and appropriate step as private capital returns to portions of the market and enables FHA to concentrate on those borrowers that are still underserved."
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  • HECM Limit to Remain Unchanged

    The Department of Housing and Urban Development (HUD) has released Mortgagee Letter 2011-29, that maintains the current HECM loan limit of $625,500 through December 31, 2011. The mortgagee letter extends the current limit that was set to expire on September 30, 2011.  The letter does note that this notice will apply unless legislation is enacted that would alter the extension of these lending limits.  Such action would prompt an updated mortgagee letter from HUD.  The lending limit also applies to special exception areas: Alaska, Guam and the Virgin Islands. The letter also established forward mortgage FHA lending limits to
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