Search for: "Bank 34 v. Bankers' Bank of the West"
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1 Apr 2008, 7:26 am
Now with the passage of the Bush administration's economic stimulus package, the GSEs and the Federal Housing Administration can temporarily purchase loans beyond the conventional loan limit.[31] With the exception of Alaska, Hawaii, Guam, and the U.S. virgin Islands, the cap on loans that the two GSEs can back have been temporarily increased from $417,000 to $729,750 until the end of 2008 for more than 70 U.S. counties.[32] This change will… [read post]