Relevant:
- Countrywide's New Scare - 'Option ARM' Delinquencies Bleed Into Profitable Prime Mortgages
- H&R's subprime lending unit Option One to cut jobs
- Mr. Mortgage: Pay Option ARMs - Up to 48% Default Rate! First Federal Featured
- Option One Eliminates 100 Percent Mortgages in Subprime, Alt-A; Not Alone
- Dr Martin Weiss Confirms Views on WaMu and Wachovia
2007-07-16 — blownmortgage.com
"..Option One has eliminated the 2-year fixed subprime ARM loan from its lending portfolio. The 2/28 as it's known in the industry..."
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