well, F&F set the limit based on several reasons. besides the credit ( default) risk, the prepay behavior is also quite different. they spend millions each year to hire quite some econimists for modeling the loans. unfair to claim 没什么道理
Which state? I just did one like this with 80% LTV at 4.375% two days ago for 30 year fixed with minimum closing cost. We have the best Jumbo program in US. I will send you my contact information privately.