| Conforming Loan Limits
John Comeau
Policy Briefs
The Policy Briefs department summarizes a change or trend in national policy that may have escaped the attention of researchers. The purpose is to stimulate the analysis of policy in the field while the policy is being implemented and thereafter.
Opinions expressed in this article are those of the author and do not necessarily reflect the views and policies of the U.S. Department of Housing and Urban Development or the U.S. government.
The Conforming Loan Limit (CLL) and the government-sponsored enterprises bound by the CLL experienced significant changes in 2008 as a result of the mortgage market turmoil
and the resultant legislation passed by Congress and signed by President George W. Bush. This policy brief outlines the changes to the CLL and the debate that surrounded those changes.
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