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H.R. 127, The FHA Multifamily Loan Limit Adjustment Act of 2007 (1 comment ↓)
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
H.R. 127 would amend the National Housing Act to increase the mortgage amount limits applicable to FHA mortgage insurance for multifamily housing located in high-cost areas.
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John
February 14, 2008, 6:58am (report abuse)This bill is critical to help markets where FHA will be successful and a better alternative than the subprime loans that were offered in the past.