Only one county in the country–Fairfield, Conn.–will have a higher conforming loan limit in 2012. The ceiling in the other 3,200-plus counties will remain unchanged.

Under the permanent formula established by the Housing and Economic Recovery Act of 2008, the maximum size loan that can be purchased or securitized by Fannie Mae and Freddie Mac next year will remain at existing levels–$417,000 in most places but as high as $652,500 in high-cost counties. Only in Fairfield will the maximum increase, from $575,000 to $601,450 starting Jan. 1.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.