From David's @BeachCitiesRealEstate Page on FB

Friday, April 2, 2010

Signs of Life in 'Private Label' Mortgage-Backed Securities - WSJ.com

What will it take for jumbo mortgages to once again become widely available?  Jumbo mortgage investors will have to reappear, re-creating a market for the securitization and sale of these loans once lenders originate them.  Dipping a proverbial toe in the waters, a few such offerings are in the offing, revealing Signs of Life in 'Private Label' Mortgage-Backed Securities. - David

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