Browsing Tag:nonbanks

2021-forecast-on-prime-jumbo-mortgage-lending-sees-progress-for-nonbanks
The world-class jumbo mortgage business should benefit from recent revisions by the Consumer Financial Protection Bureau to the rules for qualifying mortgages and repayment options, which relax certain standards set after the financial crisis.But those offering jumbo products will face compliant lenders, whose credit limit is now $ 544,250. The new high-cost area limit of $ 822,375 for...
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