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Home » Store » News » Conforming Jumbo Market Showed Some Signs Of Life in 2Q09 as Fannie and FHA See Big Gains

Conforming Jumbo Market Showed Some Signs Of Life in 2Q09 as Fannie and FHA See Big Gains

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The jumbo mortgage lending business saw a solid rebound in new originations during the second quarter of 2009, but the success of the so-called conforming jumbo programs – especially at Fannie Mae and the FHA – have taken a big chunk out of the traditional jumbo market. A total of $28.0 billion of jumbo mortgages over the maximum $729,750 conforming loan... [Includes three charts]
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