Thursday, April 26, 2007

There's a New Mortgage in Town

Washington Mutual is promoting a new type of mortgage vehicle under their MortgagePlus program that would allow a homedebtor to switch from a fixed rate mortgage to a variable/adjustable rate mortgage and back again for a nominal fee.

And the mortgage creativity hits keep coming!

1 comment:

Anonymous said...

Let this ponzi do anything it wants but do notexpect any baiol outs. It's your money your risk your losses. accept it. Trash of an industry.