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Need a Hand?
Your Next Project Starts with Brownstoner
not a jumbo, L. 4.625 conforming, 20 years.
Denton, is it a jumbo? The first non-agency jumbo RMBS since the implosion is in the process of going to market. Super high credit quality, full documenation on almost all borrowers (except a couple of refis). LTV in the 50s. All mortgages written by Citi. Basically, Citi needs to do an anal probe if they want to securitize your loan.
So this one clears the market, then the next one will dip a little lower, then the next a little lower than that…. at some point the engine will hopefully be running on all four cylinders.
Depending on Europe I suppose.
centon, I loved LG. We used to go to Bolton landing and then camp out on one of the Huckleberry islands.
Pete, this country was built on middlemen!
well if treasury is lending citi money at practically free, and then lends to you but sells loan to Fannie(taxpayer) —why don’t we just cut out the middleman(Citibank)?
“well if nosey intrusive landlords are allowed to snoop into ones’ credit history, then propane companies should be allowed to as well.”
rob, I ain’t complaining about the propane company checking my excellent credit, I’m complaining about the bank asking to know why!
M4L, I found your baby pic!!!
http://tinyurl.com/2frg2x2
they gonna loan me some money, What! After all, they don’t sit on mortgages like the old days. They just soak up the fees and offload them to Fannie oops I mean the taxpayer.
Denton, the bank just survived a near-death experience. just because the $$$ is practically free for them doesn’t mean they dont have to look up your behind before they give you a 5% refi