FHA Multifamily Limits for 2010 Are Slightly Lower Than Last Year

摘要

HUD has announced the inflation-adjusted FHA multifamily mortgage limits for calendar 2010, and for the first time since the annual adjustments began in 2004, the limits will go down slightly, rather than up.rnThe mortgage limits were published in the February 4 Federal Register, effective as of January 1.rnUnder Section 206A of the National Housing Act, the multifamily loan limits are adjusted each January based on the percentage change in the Consumer Price Index for All Urban Consumers (CPI-U), as applied by the Federal Reserve Board in adjusting the Home Ownership and Equity Protection Act (HOEPA) dollar fee threshold.