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Option One Eliminates the 2/28 Subprime ARM Loan

Started by morganb · 6 months ago

In an amazing development Option One has eliminated the 2-year fixed subprime ARM loan from its lending portfolio.  The 2/28 as it’s known in the industry was the staple of subprime refinance options during the recent run-up in housing.
The elimination of this product from ... Continue reading »

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