Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
Any existing customers at the bank can now apply for non-conforming refinancing. However, those lacking a prior relationship with Wells Fargo will face a harder time
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Loans of $500,000 or more still prevalent, and gaining popularity, in some markets
Commentary: Give thanks daily for the Fed and Fannie Mae
Real estate industry warns of credit crunch if thousands of homebuyers are moved into 'jumbo' territory
Part 2: Loan mods: Hype or real deal?
Pricing slashed, but not all borrowers will qualify
New securitization rules don't apply to most jumbos