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<classification authority="sudocs">GA 1.13:RCED-95-6</classification>
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 <subject>Mortgage loans</subject>
 <subject>Federal aid for housing</subject>
 <subject>Mortgage programs</subject>
 <subject>Data integrity</subject>
 <subject>Government guaranteed loans</subject>
 <subject>Lending institutions</subject>
 <subject>Demographic data</subject>
 <subject>Economic analysis</subject>
 <subject>Mortgage interest rates</subject>
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<titleInfo>
 <title>Housing Finance: Implications of Alternative Methods of Adjusting the Conforming Loan Limit</title>
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<abstract>The Housing and Community Development Act of 1980 caps the size of
mortgages that can be purchased by either Fannie Mae or Freddie Mac. The
act allows the conforming loan limit to be adjusted annually so that
Fannie Mae and Freddie Mac can respond to changing conditions. For 1994,
the conforming loan limit is $203,150. This report reviews the
methodology used to adjust the conforming loan limit. GAO (1) assesses
the effect on the loan limit of using alternative adjustment methods,
(2) determines the implications of Fannie Mae&apos;s and Freddie Mac&apos;s
decisions not to adjust the loan limit for 1994, and (3) provides
information on how users of the Finance Board&apos;s data view the data&apos;s
accuracy.</abstract>
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 <topic>Mortgage loans</topic>
 <topic>Federal aid for housing</topic>
 <topic>Mortgage programs</topic>
 <topic>Data integrity</topic>
 <topic>Government guaranteed loans</topic>
 <topic>Lending institutions</topic>
 <topic>Demographic data</topic>
 <topic>Economic analysis</topic>
 <topic>Mortgage interest rates</topic>
 <topic>Government sponsored enterprises</topic>
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