MLchartDataset catalogue

Conforming loan

Term · Law · MLC-T-LAW-001186

A mortgage loan that meets the specific underwriting guidelines and size limits set by government-sponsored enterprises like Fannie Mae and Freddie Mac. These loans can be sold to these entities, which provides liquidity to the mortgage market. The Federal Housing Finance Agency (FHFA) sets the maximum loan limits annually, which vary by region.

Table 1. Record
IdentifierMLC-T-LAW-001186
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001186",
  "term": "Conforming loan",
  "field": "Law",
  "definition": "A mortgage loan that meets the specific underwriting guidelines and size limits set by government-sponsored enterprises like Fannie Mae and Freddie Mac. These loans can be sold to these entities, which provides liquidity to the mortgage market. The Federal Housing Finance Agency (FHFA) sets the maximum loan limits annually, which vary by region.",
  "url": "https://mlchart.com/terminology/law/conforming-loan/"
}

Record 1,024 of 5,441 in Law terminology (MLC-0107). Request the full dataset.