i think i posted this article last month but it is worth repeated either way - this guy is the 'go to' fellow for what is really happen in the mrotgage belts of the US - forget what the talking heads might be saying and get a dose of this bloke before all others...
Pay Option ARMs - The Implosion Is Still Coming Despite Low Rates
everything and more that he talks about can be somewhat tracked using this chart for understanding when the next waves will start - if team obama can't pull a few dozen rabbits out their u know whats... - keep an ear out for the action with Option Adjustables and Alt As...
good luck
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- another mortgage implosion to come...
another mortgage implosion to come...
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