Mortgage Loan Limit 2024: Expected Hike
The FHFA sets conforming lending restrictions for Freddie Mac and Fannie Mae, the two government-sponsored enterprises under its supervision. Fannie Mae & Freddie Mac purchase mortgages from lenders that meet their criteria, repackaging them into securities supported by mortgages for the investors. Thanks to this procedure, lenders now have the cash they need to continue … Read more