Tag Archives: Jumbo Mortgages

Anian Tunney Piedmont CA Real Estate Agent Broker: More Help for Jumbo … – Virtual

Anian Tunney Real Estate Agent Broker in Piedmont, CA comments on an article in the Wall Street Journal which states that more banks and employers are offering financial help for borrowers of jumbo mortgages. Oakland, CA (PRWEB) May 09, 2013 … Continue reading

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Jumbo Mortgage Divide Starts Shrinking

“The jumbo market has heated up, as tight lending guidelines have drastically reduced consumer late payments, strategic defaults, and foreclosures,” wrote Julian Hebron, a mortgage banker in California and author of the blog The Basis Point. “This gives investors confidence … Continue reading

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Pending Home Sales Soar Despite Rough Winter

Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading

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No Jumbo Loan Ruling – Las Vegas Review

ANSWER: The usual loan modification source is the government’s Home Affordable Modification Program. However, you do not qualify for at least one reason, and perhaps two. First, to qualify for HAMP, you can’t owe more than $729,750 on your primary … Continue reading

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Higher US mortgage rates coming for costlier homes

Fri Sep 30, 2011 3:57pm EDT * Government removes support at upper end of home market * New limits on Fannie, Freddie loans from Saturday * Conforming loan limit falls to $625,500 from $729,750 * These borrowers face 50 bps … Continue reading

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Government Lowers Maximum Amount for Freddie, Fannie and FHA Loans

<!– July 7 (Source: By Mark Puente, St. Petersburg Times, Fla.) – Starting Oct. 1, home buyers seeking government-insured mortgages will have to pick lower-priced houses if they want the federal government to back the loans.Freddie Mac, Fannie Mae and … Continue reading

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