Congress approves higher limits for FHA-backed mortgages

11/17/2011 | Bloomberg · Wall Street Journal, The

Congress voted to increase the limit for home loans backed by the Federal Housing Administration to $729,750, from $625,500. The measure, part of a $182 billion spending bill, was approved despite objections from Republicans who said it could threaten the FHA's stability.

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Bloomberg · Wall Street Journal, The

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