DO/DU Update: DU Underwrites Jumbo Conforming - More Approvals; Declining Market Message Gone; Maximum LTV per National Down Payment Policy

Yes! DO/DU underwriting translates to more jumbo loan approvals! What's even better is that Fannie's pricing has also improved over time. It's ironic that the closer we move to the jumbo-conforming expiration date (12-31-08), the more viable the product becomes.

DU Underwrites Jumbo-Conforming, More Approvals
(DO/DU Release Notes, June 16, 2008)

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