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Loan Modification

: Mortgage Lender Implode-o-Meter

Option ARMs Threaten Housing Rebound as Resets Peak

By Implode-Explode Heavy Industries

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" Shirley Breitmaier?s mortgage payment started out at $98 when she refinanced her three-bedroom home in Galt, California, in 2007. The 73-year-old widow may see it jump to $3,500 a month in two years."

Full post as published by Mortgage Lender Implode-o-Meter on June 12, 2009 (boomark / email).

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