Exotic ARMS may be the greatest cause for the real estate bust!

Creative and exotic mortgage programs scare the H#@& out of the Feds, Wall Street and consumers alike! Are the lenders themselves liable for the fallout?

Interest-Only Loans; Interest-Only Adjustable Rate Loans; Short-term Adjustable Rate Loans; Optional Payment and Payment Options Loans; and Negative Amortizing Loans… the list is long and nearly every one of these mortgage programs has as many negative risks to them as they may have positive and beneficial aspects. (continued)