Mobile Mortgage News

IndyMac makes jumbo loans again, will hold them on its books

posted 248 weeks ago on Mortgage Insider

In all the craziness during black Wednesday, I missed this: Indymac Bancorp in Pasadena said it will resume making big prime loans, known as jumbo, after halting them amid a lack of investor appetite for the loans. "Given our strong financial position, we are fully committed to the market for prime jumbo home loans," said CEO [...]
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