(Bloomberg) -- U.S. homeowners with adjustable-rate
loans will add about $26 billion in mortgage payments through
the end of next year, exacerbating problems in the subprime-
lending industry, according to Barclays Capital.
Homeowners with about $820 billion of adjustable-rate home
loans will start paying more from next month to the end of 2008,
with the riskiest borrowers accounting for 54 percent of the
debt, New York-based analysts led by Ajay Rajadhyaksha wrote in
a research report yesterday.
Read more at Bloomberg Bonds News
loans will add about $26 billion in mortgage payments through
the end of next year, exacerbating problems in the subprime-
lending industry, according to Barclays Capital.
Homeowners with about $820 billion of adjustable-rate home
loans will start paying more from next month to the end of 2008,
with the riskiest borrowers accounting for 54 percent of the
debt, New York-based analysts led by Ajay Rajadhyaksha wrote in
a research report yesterday.
Read more at Bloomberg Bonds News
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