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


To: John Vosilla who wrote (37665)8/3/2005 1:37:14 PM
From: russwinter  Respond to of 110194
 
And CFC told me they would only do them "if the consumer insisted". What a bunch of slimeballs.

Obviously true only at the margins, from today's MBAA:

The adjustable-rate mortgage (ARM) share of activity decreased to 28.5 percent of total applications from 29.4 percent the previous week.