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• Jumbo/Conforming Primary Vacation Home
• Jumbo lender in all 50 states
• Comprehensive selection of ARM products with choice of ARM Indices, Amortization Terms and Documentation
• Interest only payment options available
• CondoTel Financing (such as the Ritz-Carlton, Westin Riverfront)
• Common Sense Underwriting
• Ability to Vest Title in Entities
• Up to 100% financing with our Pledged Asset Loan Program
• US brokerage account required for Pledged Asset Loans
• No Maximum loan amount
• Refinances with up to $3,750,000 cash out
• Available on purchase, rate/term refinance, or cash out refinance transactions under our full documentation program
• Financing up to two second homes per borrower

GSE Execs Rack Up Tens of Millions in Legal Expenses

An inspector general report examined legal fees being paid on behalf of former senior executives of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. One way that the two government-controlled enterprises can cut back on legal expenses is to stay all litigation until they are out of conservatorship since neither will ever be in a position to pay such fees.

HUD Clarifies HAMP Credits Toward Settlement

While some principal reduction on mortgages with government loan modifications can be credited towards the recent mortgage servicer settlement, the vast majority of loans modified under the federal program won't be eligible.