Hold the phone, everyone.

[jpinpb]

Hold the phone, everyone. These are even uglier loans:

Remember those horrific option ARMs? Well they are now morphing into other products
Shocked yet? Well how about a 40 year IndyMac loan modification.
An example, Modified Unpaid Principal Balance 472,136. Maturity Date 6/1/46.

I guess we’ll be kicking the can until it’s time for the newborns of today to be old enough buy.