| Nov 29, 2012 1:46PM The maximum dollar limits for conforming mortgage loans will remain unchanged for Freddie Mac and Fannie Mae in 2013 . The GSEs' conservator, the Federal Housing Finance Agency (FHFA), announced on Thursday that the baseline limit that will apply to most of the country will be $417,000 for one unit properties. Differing limits, ranging as high as $625,000, will prevail in so-called "high cost" counties but in each instance will remain the same as in 2012. Loan limits are established each year under... Nov 29, 2012 9:23AM Three financial services and consumer advocacy groups have joined to send letters to the House and Senate urging them to preserve the temporary tax exemptions for forgiven debt . The Financial Services Roundtable, the Center for Responsible Lending, and the Housing Policy Council sent the letters Wednesday to the chairs and ranking members of the House Committee on Ways and Means and the Senate Committee on Finance. The groups are petitioning for an extension of The Mortgage Forgiveness Debt Relief...
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