Monday, August 13, 2007

Risky mortgages turning into toxic mess (MSNBC)

While most of the mortgage market worries so far have focused on the huge losses flowing from the subprime home loans made to people with bad credit, the option and interest-only ARMs held by more creditworthy borrowers loom as another calamity in the making.

Read More...

[Source: Yahoo! News Search Results for mortgages]

No comments: