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>> No.51401097 [View]
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51401097

>>51399951
If ARMs are still only 10% of apps you realize that means we're only at the 1995ish part of the cycle, right? We've got a long way to go before replicating 2007-08. ARMs made up ~70% of subprime mortgages in 2004. Buckle up because we can get much higher.

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