Friday, August 3, 2018

Jumbo and Alt Product Trends; AOT Product; Yield Curve Update

Posted To: Pipeline Press

I don’t think Brookstone, which declared bankruptcy yesterday, ever sold them, but is the “Tiny House” movement getting big? If you’re near Colorado Springs this weekend, there’s a festival celebrating them. One step away from CO, at Four Corners, in Arizona, a school district near Tucson is building a tiny-home community for faculty to help address the affordability issue. Hey, they’re okay with the Agencies if comps can be found, right? Jumbo, Non-Conforming, Guideline Shifts Newfi Wholesale recently announced an expansion of its proprietary Sequoia Portfolio Plus loan program. With Sequoia, Newfi makes all credit decisions and exceptions in-house, delivering flexible qualification standards and faster approvals on loan amounts up to $2.5 million. Sequoia...(read more)
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