Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,400.96
(
-0.16%
)
US TECH 100
28,196.00
(
-1.18%
)
Dow Jones
49,760.56
(
0.11%
)
Brent Oil
104.53
(
-1.17%
)
Bitcoin
81,194.00
(
0.87%
)
News Focus
News Focus
Post# of 148479
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

gloe

Send PM Follow Ignore
Followers 63
Posts 9325
Boards Moderated 7
Alias Born 08/30/2002

gloe

Member Level

Re: Gizmo post# 146757

Saturday, 05/09/2009 4:53:56 PM

Saturday, May 09, 2009 4:53:56 PM

Post# of 148479
"Looking at these charts it would be easy to conclude that the recast problem last through 2012. However there is a difference between the original recast date, and the actual recast date - because negatively amortizing loans hit the recast ceiling earlier than the original forecast. I suspect the peak in recasts for Option ARMs will be in 2010."

http://www.calculatedriskblog.com/2009/05/loan-reset-recast-schedule.html

There never was a moment, and never will be, when we are without the power to alter our destiny. This second, we can turn the tables on Resistance. This second, we can sit down and do our work.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now