Mark Aalto's (maalto) Blog

As we all know, there has been a lot of negative press attached to stated income loans and interest only products.  What is amazing to me is how little is being said about Option ARMs.  I don't think there is a single product out there that has the same potential for creating a huge disaster that...

Today in a Mortgage Broker's Eye - August 2007Like a lot of people involved with real estate, you are probably wondering what is going on in the mortgage industry.  Quite a few lenders have gone out of business or have filed for bankruptcy in the last few weeks/months.  The newspapers and media h...