Word: reale
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...option adjustable-rate mortgage the next subprime disaster? For anyone who remembers that souring subprime loans kicked off the real estate meltdown, that's a scary thought. Recent analysis from Standard & Poor's (S&P) anticipates that a full 37.5% of such loans (dubbed option ARMs) that were written in 2007, at the height of lax lending, will eventually go bad. The kicker is that most option ARMs undergo payment spikes after five years, which means the brunt of the impact has yet to be felt. That will change in late 2010, delivering another blow to the fragile housing market...
...perverse way, option ARMs won't be as jarring to real estate because the system is numb to the pain. When problems first arose in subprime, homeowners and financiers alike were caught off guard. But since those early days of the real estate crisis, all sorts of loans have gone sour in large numbers, including plain-vanilla 30-year fixed rates. "Option ARMs don't have the monopoly on poor performance," says Amherst senior managing director Laurie Goodman. "It permeates the market." When the resets come, we'll feel it - but it won't be anything we haven't felt...
...natural talent for understanding how real astronomy works, how to handle data, and how to analyze observations,” Berger said...
...real-life example, the Soviets beat team USA 10-3 before the Miracle...
...poverty and all the country's other hardships. Meanwhile, the project may want to add the 33 children the Idaho Baptists tried to carry away. As the case gets resolved, they're being housed in a Haitian orphanage - which to child advocates like de la Soudiere is the real Philistine victory...