2008-01-24 — creditbubblestocks.com
``BankUnited was a big option-ARM lender. Notice how more and more of their interest, and income, are coming in the form of non-cash negative amortization.... In theory, this could be OK. It all depends on whether the negative amortization balance will eventually be collected. I predict that it won't.''
For more news on big changes at BankUnited, see our premium bulletin of today.
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