Michael Lewis Quotes

And You'd See That 2/28 Interest Only ARM Mortgages Were Only 5.85% Of The Pool In Early 2004, But By Late 2004 They Were 17.48% Of The Pool, And By Late Summer 2005 25.34% Of The Pool. Yet Average FICO [consumer Credit] Scores For The Pool, Percent Of No-doc ["Liar"] Loan To Value Measures And Other Indicators Were Pretty Static ... . The Point Is That These Measures Could Stay Roughly Static, But The Overall Pool Of Mortgages Being Issued, Packaged And Sold Off Was Worsening In Quality, Because For The Same Average FICO Scores Or The Same Average Loan To Value, You Were Getting A Higher Percentage Of Interest Only Mortgages.

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

Michael Lewis Quotes: And You'd See That 2/28 Interest Only Arm Mortgages Were Only 5.85% Of The Pool In Early 2004, But By

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