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Option ARMs Resets: Mortgages "About To Explode," Says Iowa AG

Option Arms

First Posted: 11/18/09 Updated: 5/25/11

"Payment option ARMs are about to explode," Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama's administration to discuss ways to combat mortgage scams.

Read the whole story: Reuters

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"Payment option ARMs are about to explode," Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama's administration to discuss ways to combat mortgage sc...
"Payment option ARMs are about to explode," Iowa Attorney General Tom Miller said after a Thursday meeting with members of President Barack Obama's administration to discuss ways to combat mortgage sc...
Filed by Ryan McCarthy  |