[lbo-talk] Interest-only loans run amok :-)

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Sun May 22 20:36:18 PDT 2005


"Interest-only loans financed nearly 70 percent of the home purchases in San Francisco, Marin and San Mateo counties during the first two months of this year, based on data analyzed for the San Francisco Chronicle by LoanPerformance, a mortgage research firm. Just 18 percent of the home purchases in those three counties relied on interest-only loans during the same period in 2002."

[ ... ]

http://www.thedesertsun.com/apps/pbcs.dll/article?AID=/20050522/BUSINESS/505220320/1003/BUSINESS



More information about the lbo-talk mailing list