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News:

 JONATHAN LANSNER: Bail out the goose and ganderSan Luis Obispo Tribune, CA -Feb 5, 2008Hey, it may even enable a few mortgage borrowers to make an adjustable house payment or two. But guess who pays? Those who don't gamble. ...
 Consumer advocates seek hearings on BofA plan to buy CountrywideThe Times and Democrat, SC -Feb 2, 2008... to explain how borrowers having trouble making mortgage payments and those at risk of falling behind when adjustable rates reset can keep their homes. ...
 Considering Refinancing? Look Beyond RatesU.S. News & World Report, DC -Jan 29, 2008But if homeowners have an adjustable-rate mortgage that will reset to a higher interest rate after the initial introductory one, now might be a good time to ...
 Subprime's False Hope, 2008 Reversals, Japan-US Ties: TimshelBloomberg -22 hours agoThornburg Mortgage Inc., a specialist in adjustable-rate loans to home buyers with relatively good credit, had net income of $64.8 million. ...
 Sector Snap: Homebuilders Rally FaltersForbes, NY -Feb 5, 2008... because adjustable rates on mortgages will reset lower than expected after recent policy moves by the Federal Reserve. Meanwhile, mortgage rates have ...