Comments on: Can you see through MUD? Economic Stimulus Package Update- Conforming Loan Limits http://greenmortgagegroup.com/2008/02/can-you-see-through-mud-economic-stimulus-package-update-conforming-loan-limits/ Sat, 13 Mar 2010 16:42:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Abdulrasool Sumar http://greenmortgagegroup.com/2008/02/can-you-see-through-mud-economic-stimulus-package-update-conforming-loan-limits/comment-page-1/#comment-182 Abdulrasool Sumar Tue, 26 Feb 2008 07:21:54 +0000 http://greenmortgagegroup.com/?p=208#comment-182 I read about the economic stimulus package on the Washington Post and understand that the size of Jumbo loans that Fannie Mac and Freddie Mac can guarantee and buy out was increased from $417,000 to $729,750. What I do not understand is that how is this supposed to help the average consumer? Before this legislation comes into place, I know that Fannie Mae will not guarantee jumbo loans that exceed $417,000 but now they will. OK that's fine, but how does this tie in with the economic stimulus package? By the way I must say, the $300 rebate check that will go into poor people's pockets really does no good. You can learn more about my theories @ www.2mortgageloancalculator.com Thanks! I read about the economic stimulus package on the Washington Post and understand that the size of Jumbo loans that Fannie Mac and Freddie Mac can guarantee and buy out was increased from $417,000 to $729,750. What I do not understand is that how is this supposed to help the average consumer?

Before this legislation comes into place, I know that Fannie Mae will not guarantee jumbo loans that exceed $417,000 but now they will. OK that’s fine, but how does this tie in with the economic stimulus package?

By the way I must say, the $300 rebate check that will go into poor people’s pockets really does no good. You can learn more about my theories @ http://www.2mortgageloancalculator.com Thanks!

]]> By: Tyler Moxley http://greenmortgagegroup.com/2008/02/can-you-see-through-mud-economic-stimulus-package-update-conforming-loan-limits/comment-page-1/#comment-157 Tyler Moxley Tue, 12 Feb 2008 23:32:55 +0000 http://greenmortgagegroup.com/?p=208#comment-157 Good Stuff. Nice to see a bit of a change. Good Stuff. Nice to see a bit of a change.

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