Mortgages Made Simple with Rick Gundzik

Thursday, August 13, 2009
Conduit Loans - August 13, 2009
Conduit Loans, what are they and are they any good? This week we answer a listener's question. Mortgages Made Simple logo The name Conduit just referred to a big mortgage company that bought loans from smaller mortgage companies.

When Alt A and Sub-prime loans were around there were many conduits; Chase, Countrywide, Bear Stearns, etc. But now that most loans are underwritten to Fannie Mae, Freddie Mac and FHA guidelines most of those conduits have disappeared.



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

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