Re: Interest-Only Mortgages All the Craze

Re: Interest-Only Mortgages All the Craze

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 Re: Interest-Only Mortgages All the Craze Steve Horrillo Reply Send to a Friend   Print
 
Subject Author Date
Interest-Only Mortgages All the Craze Grover C. McCoury III 06-07-2005

On 7-Jun-2005, "Grover C. McCoury III" <gcmccoury@yahoo.com> wrote:

> Interest-Only Mortgages, Popular in California, Raise the Stakes in Real
> Estate
> By MICHAEL LIEDTKE

You left out the paragraph below. WHY?


U.S. banking regulators are so concerned they're considering new guidelines
for lenders to guard against taking on too much risk, said Steve Fritts,
acting deputy director of the FDIC's Division of Supervision. "There are
people who are pushing the envelope," he said.

--
Warmest regards,

Steve Horrillo, Realtor | Trainer | Hypnotherapist
http://brokeragenttraining.com(Advanced training for real estate
professionals)
http://over100percent.com(Realtors earn over 100 percent)



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