Investing in European Banks
Nov 30th, 2007 | By Christopher Hancock | Category: Housing, International
Noah Rosenblatt of UrbanDigs.com reports that roughly $355 billion of subprime, alt-A, prime and Fannie/Freddie-backed loans are due to reset in 2008:
Our colleague, Dan Denning, reports that a majority of these ARMs due to reset held initial rates that ranged from 6-9%. This represents subprime territory. And the folks ...read more
