Last month's FHA news gets a press release

Today, Jan. 3, HUD has just posted an online press release announcing the substantial 2006 increases in FHA maximum mortgage limits. This is major new information for the housing industry, of course, but only a few news outlets had noted the story as of this morning, even though HUDCLIPS had the announcement way back on Dec. 22. Now that there's a press release we can expect much more public reaction to the mortgage limit increases today. (So why on earth don't the housing reporters on major newspapers read HUDCLIPS 'What's New'?)

Today on HUDCLIPS, by the way, Public and Indian Housing has posted the much less exciting PIH Notice 2006-1, reinstating the existing Requirement for Designation of Public Housing Projects. (Aha: maybe the housing reporters on major newspapers find HUDCLIPS 'What's New' bores them silly?)