Loan Think

What We're Hearing

We're beginning to hear some talk that certain lenders are getting "aggressive" when it comes to jumbo lending. Of course, the "new" aggressive means they are willing to originate jumbo and "super" jumbo loans as long as the customer puts 20% down. All new production (as you may've guessed) is being housed on the balance sheet of the originating bank or thrift. (I've also heard talk that a certain hedge fund soon might be jumping into this market as a portfolio lender.) And who are the nation's top jumbo funders? According to the Alternative Products Quarterly Data Report, Bank of America led the market in the first-half with $20 billion in fundings. For the full ranking email: Deartra.Todd@SourceMedia.com...

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