Buoyed by a major legislative victory that will mean higher limits for Federal Housing Administration-insured loans (see Mortgage Market Ledger, page 10), the Mortgage Bankers Association is hopeful it will prevail on a regulations project that will set standards for lenders who participate in the insurance programs of the Department of Housing and Urban Development.

"They assure us our concerns have been addressed," said Brian Chappelle, staff vice president for residential finance and loan administration at the MBA.

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