financial reality

Separating fact from fiction in finance and economics


Archives:

Meta:

Enter your Email


Preview | Powered by FeedBlitz

About Me:

  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area, or on my boat which I keep in the British Virgin Islands. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

More On Toxic Loans

March 29th, 2006 by InLibrisLibertas

The Office of the Comptroller of the Currency recently issued a proposal for new guidance on “nontraditional” mortgages, e.g. Option-ARMS. Interagency Guidance on Nontraditional Mortgage Products

The response in the attached link is well worth a read: Comments from Michael S. Blomquist (PDF)

Posted in Real Estate |

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.