This is what justifies Texas economic pride

This is what justifies Texas economic pride

Happy Independence Day, Texas

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news
W S

Jumbo mortgage market's slow return to normal

/ Print / Reprints /
| Share More
/ Text Size+
For the uninitiated, the mortgage world right now is divided into three parts: Conforming, jumbo conforming and jumbo. A conforming loan is one at $417,000 or less, a jumbo conforming loan is between $417,000 and $729,750, and a jumbo -- also known as super jumbo -- is anything above that. Usually, there are only two segments, conforming and jumbo. But because of the mortgage crisis, there is currently a middle ground, the jumbo conforming level.

Recent Articles by Diana Golobay

Comments powered by Disqus