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Freddie Mac Provides Update on Purchases of Conforming Jumbo Mortgages

March 13, 2008

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Update on Purchases of Conforming Jumbo Mortgages

Summary:

Freddie Mac is temporarily increasing the conforming loan limits to provide much-needed liquidity and stability to the jumbo portion of the residential mortgage market. Freddie Mac, is using the descriptive term "conforming jumbo" mortgages to distinguish Freddie Mac-eligible jumbo mortgages from other jumbo mortgages that are ineligible for purchase by Freddie Mac and eligible conventional, conforming mortgages.



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