Tag Archive: mortgage lenders

The ARM Foreclosure Time Bomb is Ticking. Will it End with a Fizzle?

Does the recent increase in foreclosures signal the long-anticipated surge in defaults of Option ARMs (adjustable-rate mortgages)that were scheduled to reset their interest rates right about now?

More Foreclosures Filed in August. Is a New Wave Coming?

In August, mortgage lenders started so many home foreclosures that the month-to-month increase was the biggest since August of 2007.