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Home » Store » Inside The GSEs » Jumbo Makes Modest Rebound in 2011, Boosted By 4Q Refinance Surge, Loan Limit Adjustment

Jumbo Makes Modest Rebound in 2011, Boosted By 4Q Refinance Surge, Loan Limit Adjustment

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In a mortgage market still dominated by Fannie Mae, Freddie Mac and government-insured lending, the non-agency jumbo sector stood out as the only one to show year-over-year growth in 2011, according to a new Inside Mortgage Finance ranking and analysis. Jumbo mortgage originations rose 13.5 percent from 2010 to 2011, while overall production was down 17.2 percent from the year before. The $118 billion of non-agency jumbo originations in 2011 represented the biggest annual output since the market collapsed in 2008 and agency loan limits were jacked dramatically...(Includes two data charts)
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