http://polizeros.com/2008/01/05/option-arms-more-pain-for-california/ Musings on politics: anti-war, global warming, peak oil and otherwise Wed, 07 Jan 2009 22:36:23 +0000 http://wordpress.org/?v=2.7 hourly 1 http://polizeros.com/2008/01/05/option-arms-more-pain-for-california/comment-page-1/#comment-147161 The Mortgage Maker Sat, 05 Jan 2008 19:27:35 +0000 http://polizeros.com/2008/01/05/option-arms-more-pain-for-california/#comment-147161 With California being the 7th largest economy in the world, scary is the correct word. This though may only be the tip of the iceberg just hope the Federal Reserve is paying close attention so this thing won't start to unravel to quickly. Does anyone remember 30% down, 20 years fixed and no prepayment penalty after the first year ? With California being the 7th largest economy in the world, scary is the correct word. This though may only be the tip of the iceberg just hope the Federal Reserve is paying close attention so this thing won’t start to unravel to quickly. Does anyone remember 30% down, 20 years fixed and no prepayment penalty after the first year ?

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