AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Jumbo Performance Withstands Pressure.(Brief article)
NEW YORK -- Despite concerns about weakening mortgage credit quality, jumbo mortgages continued to defy expectations through the first five months of the year.
The performance of securitized prime quality, jumbo mortgage pools remained strong in May 2006, according to Moody's Jumbo Mortgage Credit Indexes. Delinquencies of 30-59 days fell 7.2% from their May 2005 level and, on a year-over-year basis, have improved in 11 of the past 12 months.
The 60-plus-day delinquency rate index, at 0.268%, declined slightly from last month's level, but remains elevated compared to its value of 0.220% in May of last year.
Delinquencies of 60-plus days have been slowly falling from their peak in November 2005 following an isolated spike, ...
- First Internet Bank Begins Offering Jumbo Mortgage Loans.
- Press release article from: PR Newswire April 13, 2009 700+ words
...dollar value homes. Nationwide, jumbo mortgage originations were down an estimated...priced themselves out of the market. Jumbo mortgage rates tend to be higher than conforming...them on their books. Historically, jumbo mortgage rates exceeded conforming loan rates...
- Mellon Adds Private Asset Management, Jumbo Mortgage and Private Banking...
- Press release article from: PR Newswire September 24, 1997 700+ words
...Asset Management, The Boston Company jumbo mortgage group and Mellon Private Banking...Francisco, Palo Alto, and Palm Desert. Jumbo mortgage products are offered through The Boston Company jumbo mortgage group, which provides residential...
- Check jumbo mortgage for luxury home
- Newspaper article from: Chicago Sun-Times Gary S. Meyers August 21, 1987 700+ words
...home, chances are you'll need a jumbo mortgage. Assuming you place a 20 percent down...fixed-rate or an adjustable-rate jumbo mortgage. "Remember, a 1 percentage point...is wise to consider a fixed-rate jumbo mortgage loan instead," she said. ((ERROR...
- American Mortgage & Real Estate Group has Great News for California Jumbo...
- Press release article from: Business Wire September 17, 2007 700+ words
...Advantage Mortgage, a new 30 year fixed jumbo mortgage product launched by the American Mortgage...average rate on 30-year fixed rate jumbo mortgage at American Mortgage & Real Estate...Group has taken it upon itself to offer Jumbo Mortgage to Golden State residents, to ease...
- Mortgage unit of The Boston Company introduces two innovative mortgage products...
- Press release article from: Business Wire May 15, 1995 700+ words
...today announced that its Boston Company jumbo mortgage group has introduced two adjustable...national manager of The Boston Company's jumbo mortgage group. "In particular, our two new...billion in loans, The Boston Company's jumbo mortgage unit is a nationally recognized leader...
- Bankrate: Jumbo Mortgage Rates at a 2-Year Low.
- Press release article from: PR Newswire April 23, 2009 700+ words
...comparatively tame in recent weeks, but one exception has been the jumbo mortgage market. Jumbo mortgages, those too large to be purchased...typical pre-credit crunch level of 25 basis points. But jumbo mortgage rates have fallen to a two-year low of 6.52 percent...
- NexBank Introduces Jumbo Mortgage.
- Press release article from: Business Wire October 29, 2007 700+ words
DALLAS -- NexBank, SSB has introduced a jumbo mortgage product for home loans from $1.5 to $10 million...customers." As a professional service, NexBank's Jumbo Mortgage offers less execution risk for mortgage brokers and...
- CONSIDER ALTERNATIVE TO JUMBO MORTGAGE.(Business)
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) December 28, 1998 700+ words
...lenders are offering an alternative. Instead of taking out a jumbo mortgage at an interest rate of 7.5 percent or more, get a run...and the home equity line will be less than the cost of a jumbo mortgage. But - and this is a big but - this scenario will work...
