Moody's Investors Service (MCO: 35.45 -0.34%) believes the ability of Ally Financial (GJM: 21.99 +0.50%) to originate jumbo mortgages is "above average."
A leading reason for the designation is based on accurate assessment of the willingness of borrowers to repay their jumbo mortgages.
Accurate appraisals and originating mortgages according to geographical laws and regulations contributed to the [...]
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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/6snYSqSJvCc/moodys-labels-ally-jumbos-above-average
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