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  2. Fannie Mae and Freddie Mac aren’t your neighbors - AOL

    www.aol.com/finance/fannie-mae-freddie-mac-aren...

    Each year, Fannie Mae and Freddie Mac set a baseline conforming loan limit, adjusting it for high-cost areas. For 2025, the baseline limit is rising from $766,550 to $806,500.

  3. What is a jumbo loan and when do you need one?

    www.aol.com/finance/jumbo-loan-one-133806802.html

    A jumbo loan is a mortgage for an amount that exceeds the loan size limits set by the federal government. ... in guaranteed fees charged on conforming loans to lenders by Fannie Mae and Freddie Mac.

  4. Conforming loan - Wikipedia

    en.wikipedia.org/wiki/Conforming_loan

    The Federal Housing Finance Agency (FHFA) publishes annual conforming loan limit (CLL) that restricts the highest origination amount for a mortgage that can be purchased or securitized by Fannie Mae and Freddie Mac. [4] Loan limits may increase each year based on the year-over-year percentage change in the FHFA House Price Index (FHFA HPI) as ...

  5. Jumbo mortgage - Wikipedia

    en.wikipedia.org/wiki/Jumbo_mortgage

    In the United States, a jumbo mortgage is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits. [1] This standard is set by the two government-sponsored enterprises (GSE), Fannie Mae and Freddie Mac, and sets the limit on the maximum value of any individual mortgage they will purchase from a lender.

  6. Super jumbo mortgage - Wikipedia

    en.wikipedia.org/wiki/Super_jumbo_mortgage

    In the United States, a super jumbo mortgage is a jumbo mortgage that far exceeds the conforming loan limits. These are typically 4 times the maximum loan amount set by Fannie Mae or Freddie Mac which as of 2024 was $766,551. [1]

  7. Fannie Mae, Freddie Mac could see a big loan limit jump ... - AOL

    www.aol.com/news/fannie-mae-freddie-mac-could...

    The mortgage market is in for another big shift in a few months. That’s when a sizable increase — roughly 12% or 13% — in the conforming loan limit appears likely to be announced. If so, it ...

  8. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

  9. Fannie Mae & Freddie Mac To Increase Government-Backed ... - AOL

    www.aol.com/fannie-mae-freddie-mac-increase...

    In a move designed to make home ownership accessible to a greater number of Americans, mortgage companies Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record ...