I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low... in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes.

Even if they should not be confused the judge might think differently as agents are armed and dangerous compared to the public.In some brokerages there are house rules to prevent what you want to do.

Please keep this civil . . . thanks.Hey Josh lets focus that anger on lenders that pushed option ARMs!

What type of funding can you get for those properties such as interest only or ARM's.

The disclaimer is that I'm NOT INTERESTED in doing an ARM or interest-only loan.

Unless you have explicitly signed a "Buyer's Agency" agreement, it is likely (depending on what state you are talking about, and assuming that Melody is actually licensed) they all "work" for the seller.

It is on an ARM.

I would say that even when armed with all the facts, there can still be fear.

I ended up with a 7-year ARM at 10.3% (even with excellent credit), 10% down, for both deals.

Its no secret he despises us, and Im hearing hes building weapon factories in Venezuela with the help of the russians, to arm rebel groups in America.