jumbo loans in california: La Jolla Jumbo Mortgage Liquidity Expands - 07/16/11 06:49 AM
Remember when I told you that jumbo mortgage capital, for La Jolla homebuyers, was becoming more readily available?  I spent the better part of the first and second quarters, searching for jumbo mortgage purchasers in the secondary mortgage market.  That project was rewarded in late May:
I thought I was the lone capitalist voice in a market dominated by Wall Street welfare queens.  Naturally, Randazzo's work inspired me to action.   Yesterday, World Wide Credit Corporation  organized a division to provide "capitalist solutions" to the California mortgage market and we named it Jumbo Mortgage Capital.  We've identified non-traditional lending sources, normally eschewed … (4 comments)

jumbo loans in california: San Diego Jumbo Mortgage Rates Report--June 14, 2011 - 06/14/11 11:18 AM
News which affects San Diego jumbo mortgage rates:
International:  China says U.S. is already defaulting on its debt.  This has profound implications because it portends higher interest rates (in general) and higher mortgage rates (specifically).  Ironically, the Chinese seem to be echoing the tea party call for budget cuts rather than raising the federal debt limit.
National:  The US "War on Drugs" is failing and its costs contribute to federal spending.  Former Secretary of State George Schultz and Former Federal Reserve Chairman Paul Volcker point out that our domestic policy has inhibited governance and economic development.
California:  Is your neighbor pulling … (3 comments)

jumbo loans in california: Three Words To Save California's Economy - 03/04/09 02:02 PM
California REALTORs can be heroes with three simple words;
DID YOU SERVE?
One in ten Californians, between the ages of 21 and 55 are eligible for a VA Home Loan.
DID YOU SERVE?
VA loan limits, for zero-down home loans, in five Northern California counties go as high as $1,094,000
DID YOU SERVE?
California's economy is tanking but we, the REALTORS and lenders of California, can right this ship and stabilize this housing market, one house at a time.  We can spread the word about houses that were once out of reach but now are affordable with three simple words...
DID … (32 comments)

jumbo loans in california: Jumbo Loans Are Coming Back to California - 09/30/07 02:22 PM
Indy Mac is one of the market leaders in Alt-A Lending (stated income, low down payment, jumbo).
I received an e-mail from IndyMac on Thursday:
Indymac® is pleased to announce the return of our Alt A Jumbo product offering, now expanded with additional guideline flexibilities for your customers.
Features: Loans to $2,000,000 Up to 95% LTV to $500,000 Full Doc, Stated Income, No Ratio and NINA documentation types1 Purchase, Rate and Term, and Cash Out Refinance Primary Residence, Second Homes and Investment Properties Borrower paid and lender insured MI options
Wait, that's not all!
Downey Savings is offering us a one year ARM, … (15 comments)