Posted To: Pipeline Press

Yes, it’s Tuesday already. Good morning to everyone except my wife who, at 2AM, mid-dream, sat bolt upright in bed and terrifyingly shouted into the dark, “Will there be a buffet?” There are plenty of things going on in the real world. Out in San Francisco, the government is considering paying people not to commit crimes. Sign me up! There’s the continued shift by investors, and therefore lenders, to originate jumbo loans using Agency underwriting engines. A DU or LP approval for a $1 million loan? Sign me up! Plenty of families have signed up to finance a home, thanks to our industry doing a great job, and Fannie Mae released its Home Purchase Sentiment Index® (HPSI) for August. There wasn’t much change from July although a greater share of consumers believes…(read more)

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Source: Mortgage News Daily