Inside Bay Area - Hobbs said that any circumstance where lenders have more tools is a good thing and raising the FHA limits are a necessity for California. Cooley, like Hobbs and others, is in favor or raising the FHA and even the conforming loan limit which would ...

COMMENTARY: Time to Foreclose on America's Subprime President and ...
HuntingtonNews.Net - To begin with, tweaking FHA rules slightly will do precious little because loan amounts are capped at around $360,000. In northern California, that amount of money will buy you a nice mobile home on leased land. Likewise, refinancing adjustable ...