Tag Archives: happy days

The Return Of The Jumbo Mortgage

Two banks are planning to return to the jumbo mortgage market. This market has been dead since 2007 due to a high rate of defaults. Maybe happy days are here again? Bloomberg reports: JPMorgan Chase and Citigroup are expanding their … Continue reading

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Would you bet on Fannie and Freddie?

The mortgage business is looking up. Its stocks are ricing. Commodities (gold and oil etc) are plunging. The Fed wants to reduce mortgage rates and make credit easier and cheaper to attain. Maybe happy days are here again? Forbes reports: … Continue reading

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