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01-04-2010, 09:18 PM
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#11 |
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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It seems that yes the subprime mortgages are the biggest issue, but even with the other types of mortgages, the ARM's default at more than double the level of the others.
Also, the credit score of the borrower is of immense significance.
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