Fifth Third Makes Wholesale Changes

Get it?  Wholesale and wholesale?  I kill me sometimes.  Fifth Third, a large mid-western-based bank has made some significant changes to its wholesale programs.  (h/t Chris)  You may recognize Fifth Third as the employer of Tom, one of our erstwhile contributors and frequent commenter.  These changes apply only to the wholesale channel, so I'm sure Tom can let us know if they've been made on the retail side of the game as well. From the Fifth Third flyer (PDF): Effective with Mortgage Commitments dated on or after March 31, 2008, Mortgage Insurance FICO requirements: Expanded Approval loans ? Minimum FICO has been established · Purchase and Rate/Term Refinances 660 FICO · Cash-out Refinances 680 FICO Be sure to obtain Mortgage Insurance com