California Home Loan 360

The Federal Housing Administration has endorsed a plan that would refinance home loans even for borrowers who have seen their property decrease in value, a senior government official is expected to say today.

It's official. The Department of Housing and Urban Development has raised the new conforming limits for loans guaranteed by the Federal Housing Administration in Santa Clara, San Mateo and 12 other high-cost California counties to a maximum of $729,750.

It will be easier for many borrowers to qualify for mortgages. But the VA-backed loans are excluded. WASHINGTON -- Oops! When Congress and the White House put together the recent bipartisan $150-billion economic stimulus package, they raised the maximum mortgage limits in high-cost areas for Fannie Mae, Freddie Mac and the Federal Housing Administration.

Federal Housing Administration mortgages, which have virtually disappeared from California because of their low dollar limits, will soon become a compelling new option for borrowers in high-cost areas, especially for people with low down payments and...

Offering a ray of hope for a struggling California housing market, the government Wednesday doubled the limit for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including Santa Clara County.

The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including seven in the Bay Area. The Department of Housing and Urban Development released the new loan...

The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties, including seven in the Bay Area. The Department of Housing and Urban Development released the new loan...

The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in Los Angeles, Ventura and a dozen other high-cost California counties.

The Federal Housing Administration will temporarily guarantee mortgages as large as $662,500 in Sonoma County - almost double the current size - under new loan limits rolled out Wednesday.The new loan limit is a key part of an economic stimulus package enacted last month to shore up the nation's sagging housing market.

WASHINGTON - The government today raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties.