Wednesday, September 26, 2007

ARM Resets: Updated

Calculated Risk guides us to an updated BofA chart on the reset schedule. We've got plenty of time for my channeling the Post headline "Paper Scissored, Rocked".

From CR:
Existing Home Sales Inventory Click on graph for larger image.

See Mathew's blog for more discussion and a comparison to the previous chart.

Some readers have noted that the BofA numbers are higher than the Credit Suisse and UBS reset numbers. CS and UBS are apparently only looking at securitized loans, and BofA includes unsecuritized loans....MORE