Galton Funding, a new entrant to the jumbo mortgage-backed security market, allows for jumbos with somewhat looser underwriting criteria than typically used in jumbo MBS issued in recent years. The company noted that its programs are aimed at “underserved” borrowers. Moody’s Investors Service said Galton has two prime loan programs: A+ and A. Both allow for more lenient underwriting than other prime jumbo programs and instead align in some instances with ...