Impact of ARM Rate Resets Expected to be Manageable, But Analysts Are Watching
November 23, 2005
The rise of adjustable-rate mortgages as a popular consumer choice over the past few years has dominated the primary market, but uncertainty persists among investors as many of the loans’ interest rates are due to reset in the near future. ARM rate resets are currently nothing to worry about, said Bear Stearns analysts in a recent update. “The resets in and of themselves look benign,” the report says. Somewhere between...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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