A few weeks ago, Congress extended the higher lending limits for another year. Representative Barney Frank, the Massachusetts Democrat who is chairman of the House Financial Services Committee, said in an interview that he planned to introduce legislation next year raising the maximum F.H.A. loan by $100,000, to $839,750.
His bill would make the new limits permanent.
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As everyone knows, I’m pretty liberal, but Barney Frank, Chris Dodd, and Chuck Schumer need to go. This is just a short list, BTW; many others need to go as well — both Democrats and Republicans.
