...industry's cur•Federal Home Loan Bank Board 16 rent problem. ARMs are subject to a variety of "caps" and other restrictions that limit their flexibility...adjusted upward, ARMs carry an increased likelihood of defaulr and hence are riskier instruments than fixedrate mortgages. Further, given the enormous size...

...sufficient by themselves to solve the industry's current problem. AR.Ms are subject to a variety of "caps" and other restrictions that limit their flexibility and prevent them from being fully adjustaole with respect to changing market rates. Moreover, because their interest rates Tiay be adjusted...

...solve the industry's cur•?«XTW Muffle UHfl rent problem. ARMs are subject to a variety of "caps ' and other restrictions that limit their flexibility and prevent them from being ru.;-. adjustable with respect to changing market rates. Moreover, because their interest rates may...

...Home loan 3jn* 3u jrc rent problem. ARMs are subject to a variety of caps 2nd other restrictions chat limit their flexibility and prevent them from being...of default and hence are riskier instruments than fixedrate mortgages. Further, given the enormous size of the industry's outstanding balance of fixed-rate...

...the industry s cur•ftaeal Home LOT Bank totia rent problem ARMs are subject 10 a varietv of caps and other restrictions that limit their flexibility...market rates Moreover, because their interest rates mav be adjusted upward. ARMs earn' an increased likelihood of default and hence are riskier instruments...

...cur*Vj«ni rtom« L rent problem. ARMs are subiect to a variety of "caps " and other restrictions (hat limit their flexibility and prevent them from being fully adjustable with respect to changing market rants. Moreover because their interest rates may be adjusted upward. ARMs cam- an increased likelihood...

...re stnoions that limit their flexibility and prevent them from being fullv adjustable with respea 10 changing market rates- Moreover because their interest rates may be adjusted upward. ARMs carrv an increased likelihood of default and hence are riskier instruments than fixedrate mortgages...