Tag Archives: Prime Loans

Adjustable Rate Mortgage Resets Foretell Major Problems in California’s Housing Market

This article originally appear on the Irvine Housing Blog The ARM Problem has not gone away. Today we examine an updated ARM reset schedule and consider its impact on our local housing market. it’s time for me to get away from here just … Continue reading

Posted in Best Of The Storm, Home Economics | Tagged Adjustable Loans, Interest-Only Loans, Option-Arm Loans, Prime Loans, Recast, Reset, Shadow Inventory, Subprime Loans | Leave a comment

New Credit Suisse Recast Chart

Credit Suisse has released an updated version of their popular Mortgage Reset & Recast Chart. Here is the new one: Here is last year’s chart: And, here is the original: There are some thoughts to consider: There are about 2.5 … Continue reading

Posted in Banking and Finance, Best Of The Storm, Data, Data, and More Data, Fresh Perspectives, Mortgage News, Social Mood Swings | Tagged Alt-A Loans, Foreclosures, Interest Rates, Option-Arm Loans, Prime Loans, Strategic Defaults, The Dollar, The Euro, The Fed, Walk Away | Leave a comment