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Adjustable Rate Mortgages

Understanding Mortgage Options

David A. Dedman | Posted 07.29.2014 | Money
David A. Dedman

Since the credit crisis in 2008, lenders have made it more difficult to get a loan. If you are in the market to buy a home or refinance, you'll have three options for a mortgage.

ARMed and Dangerous

Glenn C. Altschuler | Posted 07.20.2014 | Books
Glenn C. Altschuler

Review of Other People's Houses: How Decades of Bailouts, Captive Regulators, and Toxic Bankers Made Home Mortgages a Thrilling Business by Jennifer T...

Combustible Adjustables: The Troubling Return of the ARM

Credit.com | Posted 06.08.2014 | HuffPost Home
Credit.com

It was only a matter of time. Adjustable-rate mortgages--the apocalyptical financial product of the recent economic collapse--are coming back in a big way.

Terrible Feature Of The Housing Bubble Makes A Comeback

The Huffington Post | Mark Gongloff | Posted 03.17.2014 | Business

If you missed out on the housing bubble and the chance to gamble away your financial future, fear not: Banks are giving you a chance to get in on that...

Call It a Comeback: Rising Rates Spurs New Look at Adjustable-Rate Mortgages

Chris Birk | Posted 05.03.2014 | Business
Chris Birk

As long as you are dedicated to planning and sticking with a strategy, an adjustable-rate mortgage can be a huge benefit for veterans and military families seeking homeownership.

The Adjustable Rate Mortgage: Just Say No

James Berman | Posted 04.07.2013 | Business
James Berman

Why would so many people opt for an adjustable rate mortgage when it's so dangerous? Most likely, they just don't understand the risks.

ARMed and Dangerous: Why We Should Abolish Adjustable Rate Mortgages

Jane White | Posted 06.01.2012 | Money
Jane White

While many in the media have blamed the failures on reckless borrowers, the real driver of the crisis is lawless banks offering "bait-and-switch" adjustable rate mortgages.

Maryland, Wells Fargo Settle On Adjustable Rate Mortgages

AP | Posted 01.05.2012 | DC

BALTIMORE -- Maryland Attorney General Doug Gansler has announced an agreement with Wells Fargo relating to allegedly deceptive marketing of adjustabl...

Catherine New

In WaMu Settlement, An Easy Way Out For Former Executives

HuffingtonPost.com | Catherine New | Posted 12.13.2011 | Business

In what essentially amounts to pocket change when compared to the billions that Washington Mutual made in risky loans, three former top executives of ...

The Advertiser and the Adjustable Rate Mortgae

Christopher Brauchli | Posted 09.10.2011 | Business
Christopher Brauchli

Juxtaposition. Avoid it. It makes things seem ridiculous if not incomprehensible.

Adjustable Rate Mortgages Are Making A Slow Comeback

CNN Money | Les Christie, Staff Writer | Posted 05.25.2011 | Business

Adjustable rate mortgages are back! After accounting for nearly 70% of all mortgages issued during the boom, ARMs vanished during the bust, totalin...

Move Your Mortgage, Not Just Your Money, to a Community Bank

Jane White | Posted 05.25.2011 | Business
Jane White

Every day we see more drama in the foreclosure debacle, with increasing number of lenders being pressured to put them on hold. But what's the strategy for those of us not in danger of losing our homes?

The Morality of a Short Sale

Tracy Shaffer | Posted 05.25.2011 | Denver
Tracy Shaffer

Is walking away from a home when you're upside-down immoral or simply a financial deal that didn't work out?

Bank Of America To Start Reducing Principal On 'Underwater' Mortgages

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Bank of America Corp. is giving some of its most troubled mortgage borrowers relief from the threat of foreclosure. The bank,...

Washington Mutual: How The Bank Turned Predatory

Business & Technology | David Heath | Posted 05.25.2011 | Business

(David Heath is now the Senior Investigative Reporter at the Huffington Post Investigative Fund) For decades, Washington Mutual lived up to its ima...

Option ARM Mortgages "About To Explode"

Reuters | Lisa Lambert | Posted 05.25.2011 | Business

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

Adjustable Rate Mortgages Could Dampen Economic Recovery

nytimes.com | JOHN LELAND | Posted 05.25.2011 | Business

When Harvey Clavon took out an exotic mortgage to refinance his home in Santa Clarita, Calif., three years ago, he thought he knew what he was doing. ...

Adjust Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 05.25.2011 | Business

WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for ...

Investment Choices Linked To Areas of Brain

newsweek.com | Nikhil Swaminathan | Posted 05.25.2011 | Business

A region of the midbrain called the ventral striatum may be partly to blame for the fact that millions of Americans fell prey to risky financial gambl...

Transforming Homeowner Violence Into A Mortgage War Plan

Iris Martin | Posted 05.25.2011 | Business
Iris Martin

Homeowners suffering from payment shock and foreclosure syndrome are not getting the psychological help they need to survive escalating vicious attacks by their lenders If payment shock and foreclosure syndrome is not treated as the national epidemic that it is, affecting over sixteen million homeowners, homeowner violence will increase, as will homeowner suicide. Toxic lenders and their cohorts, government cronies, co-conspirators and attorneys need to be punished -- in a court of law, not on the front lawn.

Obama, Biden Storm Into Battleground Virginia

Diane Tucker | Posted 05.25.2011 | Home
Diane Tucker

"Last week 300 volunteers knocked on 10,000 doors! Even volunteers from Maryland drove down to help us. It was awesome."

Greed in the Economy: It's the Morality, Sinner

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

Our financial collapse is the fiscal consequence of the economic philosophy that markets are always good and government is always bad. But it is also the moral consequence of greed.

Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 05.25.2011 | Business

The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

Clinton Sounds Off On Fixed Mortgages, Ethanol, And Taxes On CNBC

CNBC | Posted 05.25.2011 | Business

Appearing on CNBC's "Mad Money w/Jim Cramer" today, Sen. Hillary Clinton, a Democratic presidential candidate, called for a 90-day moratorium on forec...

Countrywide Offers "Unprecedented Remedies" To Struggling Mortgage Holders

Seeking Alpha | Roy Mehta | Posted 05.25.2011 | Business

Countrywide Financial announced Tuesday it will begin contacting about 82,000 borrowers to offer refinancing or modifications for a total of $16 billi...