Group Says Originators, Wall Street Share Blame for Woes
Story date: 2007-09-15 11:48:00
Added on: 2007-09-15 13:37:36
Stockhouse Canada - These trade groups, including the Mortgage Bankers Association, are willing to accept limits on prepayment penalties so that subprime ARM borrowers can refinance at least 60 days prior to the reset of theinterest rate without a penalty. However ...
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