Comments on: Option ARM Disaster Arrival: Mortgages More Problematic than Originally Thought. $134 Billion Recasting in Next Two Years. 94 Percent Made only Minimum Payment. Only 35,000 of the 1 million Option ARM loans Modified. http://www.mybudget360.com/option-arm-disaster-arrival-mortgages-more-problematic-than-originally-thought-134-billion-recasting-in-next-two-years-94-percent-made-only-minimum-payment-only-35000-of-the-1-million-option/ Investing ideas for preserving wealth in a fluctuating market. Tue, 16 Mar 2010 08:10:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: alice in change http://www.mybudget360.com/option-arm-disaster-arrival-mortgages-more-problematic-than-originally-thought-134-billion-recasting-in-next-two-years-94-percent-made-only-minimum-payment-only-35000-of-the-1-million-option/comment-page-1/#comment-13786 alice in change Fri, 25 Sep 2009 03:32:45 +0000 http://www.mybudget360.com/?p=1189#comment-13786 I agree 100% with robertsgt40 Whose idea was this? How did they think it would wind-up? Where are the Wall Street geniuses and bank execs who created these toxic financial products, and how come they are not being held accountable?!?!?! I agree 100% with robertsgt40

Whose idea was this? How did they think it would wind-up?

Where are the Wall Street geniuses and bank execs who created these toxic financial products, and how come they are not being held accountable?!?!?!

]]> By: Dan http://www.mybudget360.com/option-arm-disaster-arrival-mortgages-more-problematic-than-originally-thought-134-billion-recasting-in-next-two-years-94-percent-made-only-minimum-payment-only-35000-of-the-1-million-option/comment-page-1/#comment-13754 Dan Thu, 24 Sep 2009 20:11:15 +0000 http://www.mybudget360.com/?p=1189#comment-13754 where can you get data on which banks issued the most option arm loans? where can you get data on which banks issued the most option arm loans?

]]> By: robertsgt40 http://www.mybudget360.com/option-arm-disaster-arrival-mortgages-more-problematic-than-originally-thought-134-billion-recasting-in-next-two-years-94-percent-made-only-minimum-payment-only-35000-of-the-1-million-option/comment-page-1/#comment-13146 robertsgt40 Wed, 09 Sep 2009 14:58:16 +0000 http://www.mybudget360.com/?p=1189#comment-13146 "Bottom line is this, 70 percent of these loans will recast in the next 2 years and banks are trying everything they can to offload this toxic mortgage potato to the taxpayer like every other mistake they have done during this decade." This was no mistake...pure and simple. GREED and the desire to tank the nation...then buy back for a song..with taxpaxpayer money. Great work if you can get it. CRIMINAL by any standards. “Bottom line is this, 70 percent of these loans will recast in the next 2 years and banks are trying everything they can to offload this toxic mortgage potato to the taxpayer like every other mistake they have done during this decade.” This was no mistake…pure and simple. GREED and the desire to tank the nation…then buy back for a song..with taxpaxpayer money. Great work if you can get it. CRIMINAL by any standards.

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