On November 23rd, the Federal Housing Finance Agency (FHFA) announced the increase of the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2017. This is the first baseline loan limit increase since 2006. The 2017 loan limit for one-unit properties will be $424,100 up from $417,000. How does this new loan limit impact your financial institution? The first lien thresholds established for Higher Priced Mortgage Loans (HPML’s) are based […]