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Negative Adjustable-Rate Mortgages Are Back
Orange County (Calif.) Register, Apr. 9, 2022–Jeff Lazerson
Pick a payment. Payment option ARMs. Or how about negative adjustable? San Diego-based Axos Bank is introducing a deferred-interest loan, saying its underwriting is much more conservative than in the days before the 2007 meltdown.
https://www.ocregister.com/2022/04/07/negative-adjustable-rate-mortgages-are-back/