Relevant:
- Countrywide's New Scare - 'Option ARM' Delinquencies Bleed Into Profitable Prime Mortgages
- Moody’s Links Option ARM, Subprime Performance
- Option ARMs for Dummies: Why 4.5 Percent Mortgages Rates will do Absolutely Nothing for these Toxic Assets.
- $134bn of Option ARMs to Recast by 2011
- Option ARMs See Rising Defaults
2011-02-28 — bloomberg.com
"Securities backed by option adjustable-rate mortgages, the home loans that allow borrowers to decide how much they pay each month, dropped for a second week as investors speculated a rally pushed values too high."
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