Selling Option Adjustable Rate Mortgages
Posted By Barry Ritholtz On December 25, 2008 @ 10:20 am In Credit,Real Estate,Video | Comments Disabled
An excerpt from a training video produced in 2005 by World Savings Bank. The video demonstrates how brokers were encouraged to sell Option Adjustable Rate Mortgages.
World Savings Bank Training Video
(click, than scroll down to video on lower left column)
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Source:
Visits to U.S. Retailers Fell 24% on Weekend Before Christmas [2]
Allison Abell Schwartz
Bloomberg, Dec. 25 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=auJbdfD2koc0&
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2008/12/selling-option-adjustable-rate-mortgages/
URLs in this post:
[1] Image: http://www.nytimes.com/2008/12/25/business/25sandler.html
[2] Visits to U.S. Retailers Fell 24% on Weekend Before Christmas: http://www.bloomberg.com/apps/news?pid=20601087&sid=auJbdfD2koc0&
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