Adjustable-Rate Mortgage

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CoreLogic: $326 Billion in Foreclosures Over the Next Seven Years 

Mar 19, 2007By

First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies, released a new study today that investigates the impact of mortgage payment reset and provides insight into which loans will be most affected when adjustable-rate mortgages convert from low introductory interest rates to higher prevailing market rates. The study, Mortgage Payment Reset: The Issue and the Impact, analyzes the issues surrounding mortgage payment reset during the next five to seven years.

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