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IPFS News Link • Housing

Option ARMs: The Son of Subprime

06-19-2009 • HousingDoom.com

"They’re probably going to default at a rate that makes subprime look like a walk in the park," warned Rick Sharga , senior vice president for RealtyTrac, a foreclosure research firm in Irvine, Calif.

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Reported By Jack Gregson

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