Stimulus bill restores Fannie, Freddie, FHA limits
Congress today voted on a $790 billion economic stimulus bill that includes a modest expansion of a first-time homebuyer tax credit and restores to $729,750 the upper loan limit in high-cost areas for Fannie Mae, Freddie Mac and FHA loan guarantee programs.
Although only 59 "yes" votes had been cast in the Senate at press time, Democrat Sherrod Brown was expected to cast the final vote to make the bill law when he returned from a trip to Ohio Friday evening. ...
