http://blownmortgage.com/2007/07/24/countrywide-tightens-further-eliminates-327-arm/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2007/07/24/countrywide-tightens-further-eliminates-327-arm/comment-page-1/#comment-642 Morgan Brown Wed, 25 Jul 2007 03:52:51 +0000 http://blownmortgage.com/2007/07/24/countrywide-tightens-further-eliminates-327-arm/#comment-642 Tike - thanks for the additional detail. I know that the specialty lending group is running a 35 bps special on full-doc 30 yr loans; probably as a way to smooth out the transition. It will be interesting to see how people take to the 5-year with the extra year prepay tacked on there. While the 5-year part sounds good I know some people are definitely uncomfortable with a 3-year PPP; especially subprime folks used to the 2-year PPP timeframe. Tike – thanks for the additional detail. I know that the specialty lending group is running a 35 bps special on full-doc 30 yr loans; probably as a way to smooth out the transition. It will be interesting to see how people take to the 5-year with the extra year prepay tacked on there. While the 5-year part sounds good I know some people are definitely uncomfortable with a 3-year PPP; especially subprime folks used to the 2-year PPP timeframe.

]]> http://blownmortgage.com/2007/07/24/countrywide-tightens-further-eliminates-327-arm/comment-page-1/#comment-639 Tike Wed, 25 Jul 2007 03:09:30 +0000 http://blownmortgage.com/2007/07/24/countrywide-tightens-further-eliminates-327-arm/#comment-639 Looks like a 30 bps hike on Full doc and 5 bps hike on stated because of the change on the rate sheet on cwbc. Last week a 5/25 was a 15 bps add-on. Looks like a 30 bps hike on Full doc and 5 bps hike on stated because of the change on the rate sheet on cwbc. Last week a 5/25 was a 15 bps add-on.

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