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  • Comment Detail

  • Date: 03/17/14
    First Name: Janet
    Last Name: Jernigan
    Organization: Metropolitan Indianapolis Board of Realtors
    City: N/A
    State: N/A
    Attachment: View Attachment
    Number: 2013-N-18

  • Comment

    I am writing to you today in regards to the FHFA proposal to lower the conforming loan limits by approximately 4%, bringing the floor from $417,000 to $400,000 and the cap from $625,500 to $600,000 in communities across the country.

    As President of the Metropolitan Indianapolis Board of REALTORS® (MIBOR), I have attached our position on this proposal. We feel that lowering the conforming loan limits would significantly affect our housing market and impact our continued housing recovery.

    I appreciate your time & consideration regarding the attached letter.

    Sincerely,

    Janet Jernigan
    2014 MIBOR President