Home › Forums › Housing › 60 Minutes – 2nd Wave – Option ARMS+ALT As › DWCAP is on the right
DWCAP is on the right track. It’s not the resets that. It’s negative equity and affordability (income versus payments) that kills.
People get too hung up on the second wave of resets simply because the first wave was the trigger to the market’s downfall. That’s yesterday’s news.
