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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (68598)9/5/2007 1:44:02 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
[This is why the sub-prime mess we see up to now is only a start]--"Payment Resets -- About 1.3 million subprime mortgages will reset to higher monthly payments this year and another 1.2 million will reset next year, the FDIC's Bair said in a statement. "
bloomberg.com