The National Association of Home Builders (NAHB) applauded the Office of Federal Housing Enterprise Oversight (OFHEO) for its decision not to decrease conforming loan limits from the current level of $417,000 in 2009 and subsequent years. “OFHEO’s decision to reverse a proposal to establish new guidelines that could have resulted in lower conforming loan limits in future years is welcome news for the housing sector,” said Jerry Howard, executive vice president and CEO of NAHB. “With housing in

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