WaMu held vast amounts of bucks when you look at the financing to the their harmony piece
-Highest A great- credit history otherwise lacking LTV once the strong compensating foundation and you will -An additional exposure foundation of about about three of your own following:
-Large uncertainty on power to shell out otherwise stated income’ records particular -highest suspicion about willingness to pay otherwise security well worth” |165|
One way to incur smaller rate of interest chance try to own WaMu to hold finance which have varying interest rates, like Hybrid Possession normal out-of WaMu’s subprime financing, otherwise Alternative Arms, WaMu’s flagship “prime” tool
|166| Those individuals assets fluctuated in worth in accordance with the changes in the brand new interest.