C.A.R. applauds reinstatement of FHA loan limits; urges longer extension of flood insurance

LOS ANGELES, CA – November 18, 2011 – (RealEstateRama) — The U.S. Congress late yesterday passed a “minibus” appropriations measure that will continue to fund the government and includes a provision to reinstate the Federal Housing Administration (FHA) loan limit in high-cost areas for two years. President Obama signed the measure into law today.