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Monday, May 12, 2014

Jumbo loans thrive as other mortgages slip

Todd Vitale, a personal trainer who opened his own gym last year, was having difficulty getting a mortgage of more than $700,000 to buy a home in Greenwich, Conn., because his new business was untested.

http://www.bostonglobe.com/business/2014/05/11/jpmorgan-joins-wells-fargo-rolling-out-jumbo-mortgage-deals/3tzhGDXCiMVJRZSdCYF2QJ/story.html

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