FXStreet.com - ... loans allowed borrowers to pay just enough each month to cover the interest owed on the loan ... The mortgages were particularly popular in high-priced real markets like California or areas like Nevada, Arizona and Florida, where speculators ...

Subprime Shakeout
Wall Street Journal - ... the spring it seemed companies both large and small were stopping new loan ... 11/21/06 Axis Mortgage & Investments Arizona 1 Closed Alt-A wholesale lending unit ... Capital Management in April, and in May, Fremont agreed to sell its commercial-real-estate ...