On the recordApril 12, 2010
And when WaMu qualified a borrower for an Option ARM loan, did the bank use the payment that the borrower would have to make at a recast or did they use a lower payment?
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congress.govCarl Levin: “And when WaMu qualified a borrower for an Option ARM loan, did the bank use the payment that the borrower would have to…”
Editor's note · Context
Levin questions the qualification process for borrowers at WaMu regarding Option ARM loans.
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