Option ARMs, Who Thought Up these Time Bombs? [View article]
very timely needed article - thanks!
commenter above (pshah) says it right too: "...No amount of modfication will help because lenders will only modify them into regular principal and interest payments and these overstretched borrowers can't afford them."
solutions? time and price i'm afraid, like getting over a life threatening virus....
-
very timely needed article - thanks!
Aug 14 08:33 am
|Rating:
0
0
All Comments by adan »Option ARMs, Who Thought Up these Time Bombs? [View article]
commenter above (pshah) says it right too: "...No amount of modfication will help because lenders will only modify them into regular principal and interest payments and these overstretched borrowers can't afford them."
solutions? time and price i'm afraid, like getting over a life threatening virus....