Very subprime financing begin by a decreased “teaser” speed billed toward very first one to 3 years
Very subprime financing begin by a decreased “teaser” speed billed toward very first one to 3 years A funds which makes currency by the selling brief-label ties about what it pays low interest and buying long-label ties investing higher interest rates. Of many SIVs went for the trouble within the 2007 while the brief-term prices…