A Big Boost for Buyers Seeking Jumbo Loans
By Kenneth R. Harney

Bank of America, the country's largest mortgage lender, is rolling out a program to finance jumbo loans between roughly $730,000 and $1.5 million, with fixed 30-year rates starting in the upper 5 percent range. The loans will be available through the bank's retail network and also through its Countrywide Home Loans subsidiary.

If you want to read the entire article:
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/20/AR2009032001447.html

This is financing for the "death valley" of lending. There's been absolutely no financing for this segment of the market. Now the trick is for the borrowers to get qualified...