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  • Comment Detail

  • Date: 12/19/13
    First Name: Adam
    Last Name: Alcaraz
    Organization: Regency Real Estate
    City: N/A
    State: N/A
    Attachment: N/A
    Number: 2013-N-18

  • Comment

    I have been a real estate professional for 17 plus years………..

    It seems to me that loan limits aren’t a symptom or problem to solve. I think they offer a better stability of pricing and help stimulate economies. They allow for better securing and standardization of loans. The past 7 years of what we just when through was not due to loan limits, in fact, I believed those helped to stabilize the housing market. The pendulum has swung over too far in some instance. We just need to make sure we make better loans to better qualified borrowers. I think that has been done and in effect now. Reducing loan limits on an already increasing housing price would be a good idea if the point is to weaken a normally healthy growth line. I believe FNMA and Freddie Mac do serve an important role and should for many years to come. Can there be a better solution? Always. Markets are always changing. This next year the GSEs stand to produce an extremely large amount of profit. Why change that now??