A Jumbo Shift in the U.S. Mortgage Market

Wall Street Journal, June 1, 2016–Canipe, Chris; Overberg, Paul

The country’s banks are increasingly focused on making jumbo mortgages, partly in response to regulatory pressure to curb risks. These high-dollar loans predominantly go to white and Asian borrowers, contributing to a decline in the share of mortgages that go to Hispanics and blacks.