Why Don’t Mortage Companies Who Have Lended Arm Mortgages Just Convert The Loan To A Lower Rate Fixed?
Just wondering in the whole backwash of subprime lending and ARM loans recently going under, why havent mortgage companies investors just lose less by converting those mortgages to a lower fixed rate to save the company, the consumer and the US economy? Many mortgage companies are out of business now, at it seems if who [...]
Jun 13 2011 | Posted in Mortgage Q&A's | Read More »
