Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S
Investments / The Ticker

Big banks sell as investors return to jumbo mortgages

/ Print / Reprints /
| Share More
/ Text Size+

As investors look for new ways to cash in on the housing recovery, jumbo mortgages are starting to look more attractive, CNBC reports.

While the number of jumbo loans originated in the first quarter of this year was up 15% from a year ago, the number of those loans securitized and sold by lenders was up 400%, according to Inside Mortgage Finance. Four billion worth of jumbo loans were sold to investors, more than the $3.5 billion in jumbos originated in all of 2012.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus