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Fitch Warns on Option ARMs; High Defaults Await

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 · NEW YORK, Nov 7 (Reuters) – Standard & Poor’s cut its ratings on General Motors Corp (GM.N) and Fitch Ratings said it may also cut them, while.

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5 1 Arm Loan | Adjustable Rate Mortgage HousingWire is reporting Fitch Warns on Option ARMs; “High Defaults Await”: Fitch Ratings on Tuesday released a wide-ranging look at option ARMs that paints a decidedly negative picture for the.

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Fitch ratings warned tuesday. congress has to increase the country’s debt limit, which effectively rules how much debt the U.S. can have, by March 1 or face a potential default. There are fears that.

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