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Has anyone noticed the new temporary 2009 High Limit ($729,500) being offered by any lenders, and if so who? Furthermore do any AE's or MBS/Secondary folk have any insight as to timing? It was eligible for sale to FNMA effective May 1st. I am concerned that because it expires December 31st, it will...
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Federal Reserve Chairman Alan Greenspan has spoken out again in favor of limits on the multi-million dollar portfolio holdings of the two biggest players in the mortgage game, Freddie Mac and Fannie Mae . In remarks prepared for delivery via satellite to a housing conference in Atlanta, the Chairman...