Mortgage Bankers Association

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MBA To Push for Boost to Conforming Loan Limit 

Oct 21, 2008By

With the economy languishing and mortgage lending withering, the Mortgage Bankers Association is readying for a lobbying push to increase the conforming loan limit across to board to $625,000. Garry Cipponeri, senior vice president of Chase Home Finance LLC and head of the MBA’s capital markets committee, made remarks about the pending proposal in a private interview with Bloomberg News Monday afternoon.

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Updated 11 months ago