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  • Comment Detail

  • Date: 01/27/14
    First Name: Mark
    Last Name: Moore
    Organization: Shelter Lending Services
    City: N/A
    State: N/A
    Attachment: N/A
    Number: 2013-N-18

  • Comment

    I’m not sure what the reasoning is, but as someone who has been in this business for 10+ years, I can tell you that the people getting loans near the upper end of the limits in the CURRENT underwriting environment represent the least risk. It would significantly hurt the housing market since the jumbo loans are so difficult to get. Please consider these factors when making your decisions.