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Teaser Rates

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

Reuters | Lisa Lambert | Posted 11.18.2009 | Business

Read More: Adjustable Rate Mortgages, Option Arms, Tom Miller, Terry Goddard, Housing Crisis, Teaser Rates, Business News

"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...

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Adjustable Rate Mortgages Could Dampen Economic Recovery

nytimes.com | JOHN LELAND | Posted 09.27.2009 | Business

Read More: Adjustable-Rate Mortgages, Option Arms, Mortgages, Mortgage Resets, Housing Crisis, Teaser Rates, Business News

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. ...

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Adjustable Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 07.19.2009 | Business

Read More: Adjustable Rate Mortgages, Teaser Rates, Mortgage Rates, Mortagage Crisis, Mortgage Industry, Real Estate, Submprime Crisis, Business News

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 ...

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