HLS, if you’re still around, could you opine on how great the COFI ARM mortgage programs of the ’80’s up thru about 2002 USED to be before the secondary market got in the way of all the responsible borrower’s choices?
Since you have decades of experience doing what you do best, surely you will agree that they were a great mortgage loan choice which ended up landing in the dustbin after the “mortgage crisis of the aughts.”
