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November 5, 2014

JPM to Issue a Jumbo MBS Backed By 7-Year ARMs, Many with IO Features

By Brandon Ivey

Some 60.7 percent of the mortgages in the deal have interest-only features.

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Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

I wish we had another option, but we don’t.

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