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Congress Extends Higher Loan Limits for GSEs

The U.S. Senate and House of Representatives voted Thursday to extend increased loan limits on mortgages backed by Fannie Mae and Freddie Mac.

The loan limits, which were scheduled to expire at the end of 2010, have been extended for an additional nine months, and are now set to expire September 30, 2011.

Read More: http://bit.ly/dfa4Q5

 

 

 

 

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