Recovery my arse.
It's about to get worse as the next bulk of 2005-2007 Option ARMs mature ... in just a couple of months.
July 2010 will be a bloodbath. It's easy to see why the Fed doesn't invest in Mortgage-Backed Securities anymore.
It's about to get worse as the next bulk of 2005-2007 Option ARMs mature ... in just a couple of months.
July 2010 will be a bloodbath. It's easy to see why the Fed doesn't invest in Mortgage-Backed Securities anymore.
I am hoping you understood my post for sarcasm. But, I agree it is going to be nasty.