Conforming Loan Limits stymied by Senate causes concern for Stimulus Package.
By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
According to the Chronicle Staff Writer James of the SFGATE.com GOP is flagging resistance to increasing the conforming Loan Limits that allow FannieMae, and FreddieMac to purchase loans above the $417,000 treshold.Unfortunately, a handful of Senators that don't realize that a combination of events have literally killed economic growth for Calirornia and the nation and it will get worst unless they raise the conforming loan limits now. We don't have the luxury of time to wait. How many people have to lose their homes, jobs and any kind of stability before actions is taken to get the country moving forward.What some government officials don't realize is that the laws they create or delay taking action on, ultimatly can and will affect us one way or another. Most politicians don't seem...
Comments
1