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: Banking Law Prof Blog

The New ARMs

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Adjustable Rate Mortgages (ARMs) were one of the easily abused loan products during the subprime lending heyday. "Teaser rates" and payment options too complicated to understand left many unsophisticated borrowers facing loan interest rate repricing that could send their monthly...

Full post as published by Banking Law Prof Blog on March 19, 2011 (boomark / email).

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