Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (24855)	1/18/2005 10:41:52 AM
From: russwinter	Respond to of 110194

From that piece: By October of 2004, 50 percent of Alt-A mortgage originations and 15 percent of subprime originations were IO ARMs. Like high investor shares, high ARM shares present a risk factor for the housing market, especially if borrowers had opted for IO ARMs in order to afford a home in markets where home price gains have been extraordinary. Alt-a is non-conforming, defined even further here as perhaps "bums"? greenpointmortgage.com I sure would like to get a rough snapshot of how many of these ARMs, (and especially the ones held by wild men), have rates reset in Nov, Dec, Jan, Feb, etc, etc. Good way to judge the tsunami.