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Option Arms

Where Elizabeth Warren Got It Wrong

Jason Paez | Posted 05.25.2011 | Business
Jason Paez

The simple truth is that when American corporations pursue profit -- successfully or not -- as long as they stay within the law, they are functioning exactly as we designed them to.

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. ...