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Home » Store » News » Jumbo Sector Stagnant, Conforming or Otherwise

Jumbo Sector Stagnant, Conforming or Otherwise

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High interest rates, increased underwriting standards and a lack of involvement from the secondary market have combined to severely limit jumbo mortgage originations. Even Fannie Mae and Freddie Mac have shied away from the conforming jumbo products created especially for them last year. According to the Inside Mortgage Finance MBS Database, Fannie issued $1.31 billion of conforming...
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