I belive that you are referring to an Alt-A loan. This is a program that conventional lenders use when you were not quite qualified for a Conventional loan. This loan does still exsist to some extent...there are still a few lenders that will still accept these finding once the loan is ran through either DO/DU. When the Alt-A findings is received it usually means that there will be some add ons to the interest rate because this loan is a greater risk to the lender/servicer.