Back to Search Start Over

THE TAMING OF ADJUSTABLE-RATE LOANS.

Source :
BusinessWeek; 9/10/1984, Issue 2859, p116-117, 2p
Publication Year :
1984

Abstract

The article reports on the increasing concern over the financial soundness of adjustable-rate mortgages in the United States. The creditworthiness of home buyers taking them is also starting to show up in the way lenders write mortgages. Some lenders are imposing tougher income requirements on ARM borrowers or demanding larger downpayments.

Details

Language :
English
ISSN :
00077135
Issue :
2859
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
18787912