Quigley Moves to Increase Fairness in Mortgage Credit Levels

WASHINGTON, DC – October 6, 2011 – (RealEstateRama) — U.S. Representatives Mike Quigley (IL-05) introduced The Mortgage Credit Availability Act of 2011 (H.R. 3084), which authorizes the Director of the Federal Housing Finance Agency (FHFA) to temporarily increase the conforming loan limits for mortgages that originated in high-cost areas.