The program accepts FICOs as low as 680, DTIs as high as 45% and LTVs as high as 89.9% Plaza Home Mortgage unveiled a new jumbo mortgage program called Jumbo AUS. The program offers fixed-rate ...
June was a rough month for jumbo-mortgage securitizations, with only two private-label offerings — together valued at roughly $821 million — brought to market. The two jumbo-loan deals to make it out ...
In the wake of the housing crisis, it became significantly harder to get a jumbo mortgage due to the risk factors involved. Jumbo mortgages have been making a comeback since then, but they now face a ...
The interesting thing about "mortgage banking" is that it is not a discipline taught in school to youth. It is not like chemistry or psychology, or animal science, etc., that one can major in. It ...