According to Navy Federal, the 5/5 ARM has a history of growth and stability with the credit union, and now is planning to develop the product and moving forward. It’s focused on big institutional investors backed by Freddie Mac, as the enterprise will pool the loans in mortgage-backed securities.


Navy Federal Credit Union, Freddie Mac target investors with 5/5 ARM

The 5/5 ARM is for lenders that know and understand their borrowers very well and believe in their underlying credit quality. Borrowers gravitate toward this type of ARM because they are less exposed to interest rate swings… Read more at

Some of the nation’s biggest banks in recent weeks have lowered payment requirements on conventional loans, without private mortgage insurance, to as low as 3%. Some financial institutions are even offering zero-down mortgages. The lending products are geared toward first-time buyers and people with good credit who are struggling saving money.

hard money loans help people with bad credit

For home loans, 3 percent down is the new 20 percent

A few financial institutions have brought back zero-down mortgages. Navy Federal Credit Union, which serves members of the military and their families, has offered a zero-down mortgage since 2005. The credit union stopped marketing it for a couple of years during the recession but has been touting it again since 2010. Zero-down mortgages account for 10 to 15 percent of… Read more at

Death Of A Bank – Cheating on Freddie Mac and Fannie Mae

It seems that the bank was pooling or putting all these PBNBA promissory notes together and selling them to the hidden investors without either of the Investor Club’s knowledge and making tons of money from each promissory note after securitizing and selling these debt and loan pay off promissory notes. The bank was reporting these private banker members’ alleged loans to the… See more