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 ...

LONDON (MarketWatch) -- Mortgage lender NovaStar Financial Inc. has agreed to buy $940 million of non-conforming mortgage loans, which it will include in an asset-backed securitization. In addition, ...

A non-qualified mortgage is a loan that doesn't follow the underwriting standards of the CFPB. Read on to find out why that ...

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 ...

As home prices keep rising, a growing number of Americans are getting a crash course in conforming loan limits, the number that distinguishes the most common loan types from jumbo loans. These limits ...

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 ...