Wells

post thumbnail

What’s Really Up With Wells’ Option ARMs?

An interesting discussion is going on in the “blogosphere” on the World Savings Option ARM Mortgages that were “picked up” by Wells Fargo with the merger of Wells and Wachovia. The discussion pivots on whether the World Option ARMs are a “ticking time-bomb” for Wells in the short term, or if the “10 year” recast period is going to allow Wells to weather the on-coming storm easier (or completely). Here, I will attempt to shed light on the recast portion of this argument, and hopefully clear up confusion and add to the general understanding of the subject.

Share
30Nov2009 | | 2 comments | Continued

IAFF offers a free monthly newsletter with:
1. The latest government updates about programs
2. New tips to help sell your house quickly
3. Ways to help you fix your situation

Enter your email address:

Delivered by FeedBurner


Close | Or, if you'd like to sell your house fast, we can help with that as well.