Posts Tagged “Option Arms”

webmaster@technorati.com wrote an interesting post today on
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Could option adjustable-rate mortgages be the next subprime disaster? Most option ARMs undergo payment spikes after five years, and loan defaults may hit full stride in 2011, delivering a blow to the fragile housing market just as it regains strength

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News Sources wrote an interesting post today on
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You know things are going well for the economy when Bernard Madoff is fighting in prison over the stock market. Maybe the argument revolved around dollar cost averaging into this easy money rally. Here in California, specifically in Southern California there seems to be a lot of energy getting behind the housing bottom parade. Prices have stabilized to a certain degree. Yet is this really a bottom? It think it is important to frame the argument in relation to employment, incomes, and demo

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News Sources wrote an interesting post today on
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The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervison’s (OTS) Mortgage Metric Report for the second quarter of 2009 has been released (rather quietly might we add), and while many aspects of the report were widely expected, there was one new inclusion that particularly caught our attention. In early September we warned that the pending resets of interest-only adjustable-rate mortages (ARMs) posed a significant threat to the long-term recovery of the hous

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News Sources wrote an interesting post today on
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I spent some time today going through a hundred headlines from this decade relating to the housing market. What I found is rather telling and may be contrary to what you would expect. Some in the press were early to the housing bubble but as the housing market grew stronger and the bubble expanded, many of those in the press pushed their assumptions aside and learned to love the housing bubble. Even as option ARMs and Alt-A loans made their way through the market, the housing bubble suddenl

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News Sources wrote an interesting post today on
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Amidst the bleak economic landscape featuring a record number of home mortgage defaults along with the bad publicity around interest-only loans and payment-option ARMs, a new type of loan has emerged for the high-risk home buyer. The 50-year mortgage theoretically provides a lifeline for buyers who are stuck in one of the two other loan …

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