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To: russwinter who wrote (13223)6/29/2003 7:37:00 PM
From: LLCF  Respond to of 39344
 
Don't know... I've heard much higher numbers bandied about, but really have little clue. Would be interesting though... I suppose THATS why there would be more default risk with the ARMS?? Because the homeowner bears the interest rate risk??? Sort of like having a bomb in the basement or a toxic dumb near by?

DAK