1 Articles match "2010","Houses","Study"
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Option ARM Borrowers Running Out Of Time
Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. See: "Mortgage Liquidity du Jour: Underestimated No More," March 2007.) "Option ARMs Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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Option ARM Borrowers Running Out Of Time
Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. See: "Mortgage Liquidity du Jour: Underestimated No More," March 2007.) "Option ARMs Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009