Non-conforming loans are mortgages that aren't eligible for sale to Fannie Mae and Freddie Mac, the two government-sponsored enterprises that back much of the U.S. mortgage market. Often, a mortgage ...

Buying a new home is one of the most exciting events in your adult life, but it also comes with an entirely new set of vocabulary words to learn. It’s not uncommon to come across the terms conforming ...

The country has a small non-conforming sector populated by lenders such as GE Money Bank Mortgages and Unión de Créditos Imobiliaros – the latter having funded its business in the securitization ...

Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and inventory tanked. And those higher prices have pushed mortgage giants Fannie Mae and ...

Jumbo loans are mortgages that exceed the limits set by the Federal Housing Finance Agency and thus can’t be purchased by Fannie Mae or Freddie Mac. In most parts of the country, a jumbo loan is a ...

In the secondary markets, lenders are trying to wring out every penny from loan sales. For example, in today’s podcast (available here) is an interview with Senior Director of MCT’s Investor Services ...

PHH Mortgage introduces FlexIQ, a new non-QM product suite, to enhance non-agency offerings and support diverse borrowers.

Home prices all over the country have seen stratospheric increases within the past year, as demand for homes spiked and inventory tanked. But higher prices are expected to push the limits of ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. If you’re in the market ...