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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (68379)8/16/2006 11:32:33 AM
From: Paul Kern  Respond to of 110194
 
or, inversely that the percentage of VA and FHA loans has fallen.

The folks who used to need an FHA loan to buy a house now have other sub-prime creditor options.



To: CalculatedRisk who wrote (68379)8/16/2006 11:45:12 AM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<Conventional loans are non-Government loans (VA and FHA).>>>

What about jumbo? I think conventional is a mortgage that falls within Fannie Mae guidelines. The rest are non-conventional.