Advanced Search

August 6, 2014

Short Takes: Wells Loosens Jumbo Underwriting / Money Not the Top Draw for LOs / Refi Applications Increase / Multifamily Outlook

By Brandon Ivey and

Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.

Read the full article when you register for your FREE IMFnews account.

Free Registration

IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.

Already Registered?

If you have an existing account with Inside Mortgage Finance, please login below.

Forgot your password?

Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results