Option ARM and Alt A Tsunami to Follow on from Subprime.
To say we are living in interesting times would be an understatement! Just as many people are starting to think we can stop holding our collective breath as the subprime tsunami starts to recede, there are new dangers that appear on the horizon and many peope probably have not heard of them - yet. And guess what??? Once again UK financial institutions were all too happy to join in the fun!!