Left Coast Rick

Jumbo Mortgage Risk Will Topple the Teetering GSEs

This article had zero analysis of the risk profile of jumbo loans. The statistics I see show that jumbo loans carry a lower rate of default and lower rate of foreclosure than conventional loans -- resulting largely, it is thought, because these borrowers typically have higher incomes and career stability. Without an analysis like this, conjecture as to the risk to GSE's is just fear-mongering.