Relevant:
- Majority of mortgages now adjustable-rate
- "A Dimon In The Rough"
- Avoiding Responsibility
- Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales Idiocy is running rampant in Spain.
- adjustable-rate mortgages growing in popularity
2007-07-31 — kitco.com
"The exponential growth of debt and leverage has been running rampant for almost three decades. Any individual with marginal intelligence knew that interest only and adjustable rate mortgages were being used as vehicles to float an industry that did not have the guts to police itself."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.