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Payment Option ARM Resets to Explode with Devastating Consequences

January 19, 2010 by Editor · Leave a Comment 

The next phase of the real estate disaster is upon us. It’s just shifted from subprime to Option ARM and with many economists predicting unemployment will stay in the double digits, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy. Words: 547




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More Mortgage Meltdown: 6 Ways to Profit in These Bad Times (Hardcover)

By (author) Whitney Tilson, Glenn Tongue
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