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Convert Loans To Fixed Rates, FDIC Head Says

Story date: 2007-10-04 08:15:00
Added on: 2007-10-05 10:00:38


Wall Street Journal - ... pressure policymakers are trying to convey to a fragmented and slow-moving mortgage ... the wholesale adjustments for owner-occupied mortgages where borrowers are current ... have a low starter rate for two or three years and reset to much higher rates ...


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