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Joined Nov 11, 2007
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Diana Olick is to Housing Bears What Phil LeBeau is to American Cars

chessNwine Wed Aug 17, 2011 6:05pm EST Comments Off on Diana Olick is to Housing Bears What Phil LeBeau is to American Cars

Wells Fargo Lowers Conforming Loan Limits

By: Diana Olick CNBC Real Estate Reporter

The deadline for ending temporarily higher loan limits at Fannie Mae, Freddie Mac and the FHA is October 1st, but they are effectively ended now.
A Wells Fargo spokesman confirms, “August 15th was the deadline for applications and rate locks for FHA and conventional conforming loans with balances above the limits we expect will be in place after September 30th.”

FULL STORY HERE

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