David's Blog

  JPMorgan Chase & Co., Wells Fargo & Co., Washington Mutual Inc. ,Countrywide Financial Corp, Bank of America Corp., and Citigroup Inc. announced new steps to help borrowers in danger of foreclosure save  their homes. The banks offer a 30-day freeze on some foreclosures to consider loan modifica...

Conforming Loan Limits To Increase Since August 2007 non-conforming or jumbo loans have been priced significantly higher than they have been in the past due to "liquidity issues".  The House and Senate voted to increase the conforming limit to 125% of the median home price in all market areas, an...