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Home » Prices Climbing for Jumbo Mortgages
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Prices Climbing for Jumbo Mortgages

April 19, 2013
It stands to reason that with non-agency jumbo mortgage-backed security issuance reviving to some degree, prices paid in the secondary market for jumbo whole loans are rising. Traders and jumbo consultants who play in the sector tell Inside Nonconforming Markets that prices for quality product are now above par, at 103. As recently as last fall, prices were in the 101 and 102 range, depending on the lender and the underlying collateral. “The market for whole loans is alive and well for ...
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