Amherst Securities has done

[4plexowner]

Amherst Securities has done some research on the Option ARM resets and updated the mortgage reset chart to show that they are mostly a California problem

I have seen other articles suggesting that these Option ARMs are part of the reason Fannie and Freddie can now lose as much money as they want – dealing with the Option ARM resets over the next three years is going to be EXPENSIVE

[img_assist|nid=12621|title=Option ARM resets a CA issue|desc=|link=node|align=left|width=400|height=348]

California Housing Forecast for 2010: 5 Reasons why you Shouldn’t Buy a Home in California in 2010. 22 Percent unemployment and underemployment, home owned’ership, California Budget, Option ARMs, and Consumer Psychology.