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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: loantech who wrote (68102)8/11/2006 1:49:40 PM
From: John Vosilla  Read Replies (3) of 110194
 
I see the pimps still pushing the 1% start pay rate ARM's and make the numbers work in the short term even at incredible divergence between rent versus own in the old school world of amortizing fixed rate mortgages. How the regulators allowed this to go on all these years amazes me.
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