Delicious Real Estate » Restoring FHA loan liquidity: Call your State Senator

Restoring FHA loan liquidity: Call your State Senator

November 17th, 2011 Categories: Real Estate

June 2011 iphone picture sync 758

NAR Call For Action: The restoration of the FHA loan limits is vital to homeownership, economy
On Oct. 1 the mortgage loan limits declined in 669 counties in 42 states. This immediately reduced mortgage liquidity and home buyers’ ability to obtain a mortgage. The House and Senate are now deciding whether or not to restore the loan limits.

The restoration of the loan limits to their prior levels has been included in an Appropriations bill being deliberated by Congress this week. Senators Brown and Portman are members of the group of Congressional leaders who will decide whether Congress will restore the loan limits. This is why they need to hear from you today.

Please CALL Sherrod Brown’s and Rob Portman’s offices to ask that they support the restoration of the loan limits in the Appropriations Bill.

This entry was posted on Thursday, November 17th, 2011 at 9:35 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

State Supreme Court Rules on Bizarre New Build Case

An unusual case.....from the Ohio Association of Realtor's blog.... The case of the magnetized house By Peg Ritenour The Ohio Supreme...

If you and your favorite Columbus Realtor (me, of course) are thinking of looking at homes for sale in Downtown...

Clintonville’s E North Broadway Residents breathe long sigh of relief re Proposed Turn Lane

My experience at what I like to call the 'longest light in Columbus' is usually turning right (North) off E...

You might think it's relatively inexpensive to tear down a building, but the city spends on average about $5,500 per...

January Housing Sales Best in Years [caption id="attachment_1161" align="alignright" width="300" caption="This 4 bed, 3 bath Clintonville home at 33 Aldrich sold...

Looking for a loan?

Talking to a lender is the first step toward finding your new home. At Delicious Real Estate, we work with strong Banks and Mortgage Brokers all over the country. more.