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

To: Wyätt Gwyön who wrote (37579)	8/2/2005 3:34:58 PM
From: ild	Read Replies (2) \| Respond to of 110194

<<<22 yrs old and just starting to work, but have no credit card or other consumer debt>>> Very true. A year ago my 18 y.o. son who had none of his own accounts and two my credit cards on which he was an authorized user had FICO of 780. Somehow these two credit cards showed up on his credit report with all long good paying history. My score was 690 as I had about $60,000 in balances on other credit cards (zero interest deals).

To: Wyätt Gwyön who wrote (37579)	8/2/2005 4:12:24 PM
From: russwinter	Read Replies (2) \| Respond to of 110194

<what is the percentage of option ARMs in CA and other wacko zones now? was it something like 40-50% last year?> of securitized mortgages: Prime: 2003 45 ARM, 25 IO, 0 NA, 47 Calf, 736 FICO 2004 71 ARM, 44 IO, 7 NA, 46 Calf, 733 FICO 2005 (first half) 75 ARM, 30 IO, 33 NA, 55 Calf, 729 FICO Alt A: 2003 30 ARM, 17 IO, 0 NA, 43 Calf, 711 FICO 2004 66 ARM, 44 IO, 9 NA, 43 Calf, 710 FICO 2005 43 ARM, 35 IO, 10 NA, 36 Calf, 714 FICO Subprime: 2003: 62 ARM, 3 IO, 0 NA, 30 Calf, 625 FICO 2004: 72 ARM, 12 IO, 0 NA, 33 Calf, 625 FICO 2005: 80 ARM, 19 IO, 0 NA, 31 Calf, 624 FICO