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Home » Store » News » Jumbo MBS Faring Well Through Economic Slump, Moody’s Says

Jumbo MBS Faring Well Through Economic Slump, Moody’s Says

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How have jumbo loans fared during the recent economic downturn? Surprisingly well, according to Moody’s Investors Service. “We have seen that many existing jumbo pools originated over the last several years have exhibited little or no cumulative losses, and we continue to believe that jumbo mortgages will suffer low losses going forward,” Moody’s Assistant Vice President Art Heffner said in a recent briefing.
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