Jumbo Mortgages Play Larger Role at U.S. Banks iStock The jumbo mortgage business keeps getting bigger for banks. These high-dollar home loans rose to 24% of mortgage approvals at six of the largest U.S. banks in 2015…
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How the refinancing boom could hit banks, investors Low rates will mean short-term pain for some large mortgage servicers as well as investors in mortgage-backed securities. Source: Real Estate on CNBC.com
