May
21
2009
Here Comes the Option ARM Mortgage Explosion
Posted by: yahootechticker in Yahoo Tech TickerFrom The Business Insider, May 21, 2009: Subprime is done. All the teaser rates are over, the interest rates have reset and the writing is on the wall.
But in the coming quarters, the scenario will play out with other
exotic mortgages, Option ARM (pick-
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