Will this crisis reshape mortgage industry?
Story date: 2008-01-29 03:59:00
Added on: 2008-01-30 20:53:38
Seattle Post Intelligencer - ... will be the exotic loans -- low or no documentation requirements, no down payments, negative amortization payment schedules, low teaser rates with resets -- that are blamed for the current crisis. "I certainly hope we don't see that kind of mortgage ...
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